Sunday, February 3, 2019

Options Update: January 2019

As I enter the fourth year of options trading at DivGro, let me remind readers that DivGro's focus continues to be dividend growth investing. Options trading is a fun (and profitable) sideline activity; one that allows me to buy more dividend growth stocks and so to boost DivGro's projected annual dividend income.

I write monthly options update articles to summarize options trades and to keep track of my options income. Each update also serves as a status report on open options and the obligations I potentially have.

I mostly sell puts on stocks I would like to own and covered calls on stocks I already own. Occasionally, I execute more speculative options trades, too, such as bull put spreads and other combo trades.

Recap


December was an exceptional busy month for options trading. In comparison, January was relatively quiet. I've been rather busy at work so I could not spare so much time to look for new options trades.

Below is a snapshot showing a few trades and options expirations this month:


Assigned Options


When an options holder exercises an option, it is said to be assigned.

In January, one of the put options I sold, got assigned:

#2742018-12-06:-1×PM 18 Jan 2019 $80.00 P $ 160.00 ( $ -0.79 )

Incorporated in 1987 and based in New York, New York, Philip Morris (PM) manufactures and sells cigarettes, other tobacco products, and other nicotine-containing products in more than 180 markets outside the United States. PM owns seven of the world’s top fifteen international cigarette brands, including Marlboro, the number one cigarette brand in the world.

On 10 January, PM traded at about $68 per share, so the $80 put I'd sold was deep in-the-money and got assigned. I was obliged to buy 100 shares of PM at $80 per share, so opening a position with an unrealized loss of about $1,200. Compensating somewhat is the $160 of options income I'd received for selling the put.

The stock price has recovered nicely. On Friday, 1 February, PM closed at $75.73 per share, so my unrealized loss already is much smaller. I'll see if I can sell a suitable covered call on my 100 PM shares.

Expired Options


In January, the following options expired:

#2842018-12-06:-1×VYM 18 Jan 2019 $85.00 C $   80.00 ( $ -0.34 )
#2472018-10-19:-3×NKE 18 Jan 2019 $70.00 P $ 558.00 ( $ -3.84 )
On 18 January, the Vanguard High Dividend Yield ETF (VYM) closed at $82.15 per share, below the $85 strike price of the January call I'd sold. So the call expired and I no longer have the obligation to sell 100 VYM shares.

Nike (NKE) closed at $80.45 on 18 January, well above the $70 strike price of the puts I'd sold. Therefore, the puts expired and I no longer have the obligation to buy 300 NKE shares.

Together, these options generated $633.82 in options income.

Closed Options


When an out of the money option goes further out of the money, you can close the option early and secure most of the options income.

I closed the following options early:

#2542018-11-01:-2×FL 15 Feb 2019 $45.00 P $ 660.00 ( $ -13.22 )
#2362018-10-12:-2×AFL 18 Jan 2019 $42.50 P $ 252.00 ( $ -20.15 )
#1842018-05-11:-1×WMT 21 Jun 2019 $82.50 P $ 667.00 ( $ -93.42 )

On 9 January, I decided to buy back the $42.50 puts I'd sold on Aflac (AFL). Doing so secured 92% of the available options income. The trade netted $231.85.

I decided to close my Walmart (WMT) position, as I'm no longer interested in owning the stock. So it made sense also to close my short put position, especially because I could secure 86% of the available options income. The trade netted $573.58.

Finally, I closed my short puts on Foot Locker (FL) early, netting $646.78 in the process. That's nearly 98% of the available options income.

All together, I secured about $1,453 in options income by selling these options early.

Rolled Options


Rolling forward options means buying back an option and selling another option with a later expiration date. You can do this to avoid options assignment for in the money options, or to collect more options income for out of the money options.

I rolled forward the following option this month:

#3012019-01-24:-1×F 17 Jan 2020 $10.00 C $   36.00 ( $     -1.58 )
#250b2018-10-24:-1×F 15 Mar 2019 $10.00 C $   19.00 ( $     -6.60 )→ #301
#3002019-01-24:-1×AFL 15 Jan 2021 $50.00 C $ 420.00 ( $     -1.09 )
#2582018-12-06:-1×AFL 17 May 2019 $45.00 C $ 160.00 ( $ -371.87 )→ #300
#2992019-01-24:-1×AAPL 18 Apr 2019 $170.00 C $ 244.00 ( $     -1.09 )
#2562018-12-06:-1×AAPL 15 Feb 2019 $200.00 C $ 167.00 ( $     -4.87 )→ #299
#2982019-01-16:-1×MO 17 Jan 2020 $47.50 P $ 515.00 ( $     -1.09 )
#2892018-12-14:-1×MO 18 Jan 2019 $52.50 P $ 181.00 ( $ -517.87 )→ #298
#2972019-01-16:-1×AAPL 18 Apr 2019 $155.00 P $ 809.00 ( $     -1.10 )
#2882018-12-14:-1×AAPL 18 Jan 2019 $160.00 P $ 375.00 ( $ -507.87 )→ #297

On 24 January, I decided to roll forward my covered call option on Ford Motor (F) so I could easily match covered calls for the new F shares I bought. The trade netted $12.40 in secured options income. Rolling forward the options cost me $6.60, but I received $34.42 for selling the January 2020 calls.

Also on 24 January, I decided to roll forward the May $45 call option on Aflac (AFL), as the stock traded about 5% above that strike price. The trade cost me $371.87, but I received $420 for selling the January 2021 $50 calls. Note the increased strike price.

With AAPL trading below $153 on 24 January and the $200 February call on Apple (AAPL) being deep out-of-the-money, I decided to roll forward the call and simultaneously to decrease the strike price to $170. The trade cost me $4.87 and I added $242.91 to my options income tally by selling the April calls.

Altria (MO) continued its downward trend and traded just above $47 on 16 January, making the $52.50 put I'd sold deep in-the-money. So I rolled forward the put to January 2020, simultaneously lowering the strike price to $47.50. The trade cost me $517.87, but I collected $513.91 for selling the January 2020 put.

Finally, with AAPL trading below $155 on 16 January, the January $160 put option I'd sold on AAPL was deep in-the-money. So I decided to roll forward the option to April 2019 and simultaneously to decrease the strike price to $155. The trade cost me $507.97, but I added $807.90 to my options income tally by selling the April put.

New Covered Calls


Selling covered calls is a way to collect extra income on stocks you already own.

I sold the following covered calls in January:

#3032019-01-24:-1×WSM 15 Feb 2019 $55.00 C $   42.00 ( $   -1.09 )
#3022019-01-24:-19×F 17 Jan 2020 $10.00 C $ 722.00 ( $ -15.25 )

#303 : 2019-01-24: Sold to Open 1 Contract of Option WSM Feb 15 2019 55.00 C

I own 100 shares of Williams-Sonoma (WSM) at a cost basis of $55.61 per share. I'm willing to sell these shares for $55.00 on or before 15 February:

Open Date :  2019-01-24
Expiration Date :  2019-02-15    Number of Days in Trade : 22
Cost Basis :  $55.61 per shareGain at Strike Price : -1.10%
Strike Price :  $55.00 per share
Number of Contracts : 1Number of Shares :100
Call Premium :  $0.42 per shareOptions Income : $42.00
Commission : -$1.09
Net Premium :  $0.409 per shareNet Options Income : $40.91
Options Yield :  0.74%Annualized Options Yield : 12.21%
----------------------------  ----------------------------------------------------  -----------
Commission if Exercised : $0.00
Cost Basis if Exercised : $55.18Gain if Exercised : -0.32%

This covered call yields 0.74%, or 12.21% on an annualized basis. The yield on cost of my WSM position is 3.09%, so I'm boosting dividend income by a factor of 3.95. If the option is exercised, I'll sell 100 shares of WSM at a reduced cost basis of $55.18 per share, for capital gains of -0.32%.



#302 : 2019-01-24: Sold to Open 19 Contracts of Option F Jan 17 2020 10.00 C

I own 1900 shares of Ford Motor (F) at a cost basis of $8.57 per share. I'm willing to sell these shares for $10.00 on or before 17 January:

Open Date :  2019-01-24
Expiration Date :  2020-01-17    Number of Days in Trade : 358
Cost Basis :  $8.57 per shareGain at Strike Price : 16.69%
Strike Price :  $10.00 per share
Number of Contracts : 19Number of Shares :1900
Call Premium :  $0.38 per shareOptions Income : $722.00
Commission : -$15.25
Net Premium :  $0.372 per shareNet Options Income : $706.75
Options Yield :  4.34%Annualized Options Yield : 4.43%
----------------------------  ----------------------------------------------------  -----------
Commission if Exercised : $0.00
Cost Basis if Exercised : $8.18Gain if Exercised : 22.22%

This covered call yields 4.34%, or 4.43% on an annualized basis. The yield on cost of my F position is 7.00%, so I'm boosting dividend income by a factor of 0.63. If the options are exercised, I'll sell 1900 shares of F at a reduced cost basis of $8.18 per share, for capital gains of 22.22%.


For covered calls, I think an achievable goal is to earn double the dividend yield. My covered call trade on WSM nearly quadruples WSM's dividend yield, but the F covered call falls short.

New Put Contracts


Selling put options allows me to set the price I'm willing to pay for a stock I want to buy. In effect, I get paid while waiting for the share price to drop!

I didn't sell any put options in November.

Options Expiring Soon


Below I'm listing options expiring in the next two months. On expiration day, in the money options will result in options assignment, which I'd like to avoid in some cases, if possible.

February 2019:
#3032019-01-24:-1×WSM 15 Feb 2019 $55.00 C $   42.00 ( $ -1.09 )→ Out of the money with a  2% safety margin  
#2962018-12-28:-1×JPM 15 Feb 2019 $105.00 C $ 154.00 ( $ -1.09 )→ Out of the money with a  1% safety margin  
#2942018-12-27:-1×WSM 15 Feb 2019 $55.00 C $   75.00 ( $ -0.34 )→ Out of the money with a  2% safety margin  
#2932018-12-27:-1×JPM 15 Feb 2019 $105.00 C $   98.00 ( $ -1.09 )→ Out of the money with a  1% safety margin  
#2922018-12-27:-1×IP 15 Feb 2019 $42.50 C $ 105.00 ( $ -1.09 )→ In the money by  9% — caution!  
#2762018-12-06:-1×SBUX 15 Feb 2019 $70.00 C $ 132.00 ($ -0.79 )→ Out of the money with a  3% safety margin  
#2632018-12-06:-2×INTC 15 Feb 2019 $55.00 C $ 106.00 ( $ -2.53 )→ Out of the money with a  11% safety margin  

March 2019:
#2912018-12-21:-2×ADM 15 Mar 2019 $45.00 P $ 851.00 ( $ -1.58 )→ At the money by  — caution!  
#2832018-12-06:-1×VLO 14 Mar 2019 $90.00 C $ 165.00 ( $ -0.79 )→ Out of the money with a  5% safety margin  
#2702018-12-06:-1×MSFT 15 Mar 2019 $125.00 C $ 115.00 ( $ -0.79 )→ Out of the money with a  18% safety margin   

One option expiring in February are in the money, while several others are out of the money with small margins of safety. I'll have to monitor these carefully as the options expiration date approaches.

Options Income Tally


Here is a running tally of the total amount received from options trades, as well as the options premiums secured due to options that expired:

IDDATE:NO×TICKER OPTIONINCOME( EXPENSES )ROLLEDTOTAL➤ SECURED
#3032019-01-24:-1×WSM 15 Feb 2019 $55.00 C $         42.00 ( $          -1.09 )$    44,030.37 ➤ $    19,387.37 
#3022019-01-24:-19×F 17 Jan 2020 $10.00 C $       722.00 ( $        -15.25 )$    43,989.46 ➤ $    19,388.46 
#3012019-01-24:-1×F 17 Jan 2020 $10.00 C $         36.00 ( $          -1.58 )$    43,282.71 ➤ $    19,403.71 
#3002019-01-24:-1×AFL 15 Jan 2021 $50.00 C $       420.00 ( $          -1.09 )$    43,248.29 ➤ $    19,405.29 
#2992019-01-24:-1×AAPL 18 Apr 2019 $170.00 C $       244.00 ( $          -1.09 )$    42,829.38 ➤ $    19,406.38 
#2982019-01-16:-1×MO 17 Jan 2020 $47.50 P $       515.00 ( $          -1.09 )$    42,586.47 ➤ $    19,407.47 
#2972019-01-16:-1×AAPL 18 Apr 2019 $155.00 P $       809.00 ( $          -1.10 )$    42,072.56 ➤ $    19,408.56 
#2962018-12-28:-1×JPM 15 Feb 2019 $105.00 C $       154.00 ( $          -1.09 )$    41,264.66 ➤ $    19,409.66 
#2952018-12-28:-1×DGX 17 May 2019 $100.00 C $         62.00 ( $          -1.09 )$    41,111.75 ➤ $    19,410.75 
#2942018-12-27:-1×WSM 15 Feb 2019 $55.00 C $         75.00 ( $          -0.34 )$    41,050.84 ➤ $    19,411.84 
#2932018-12-27:-1×JPM 15 Feb 2019 $105.00 C $         98.00 ( $          -1.09 )$    40,976.18 ➤ $    19,412.18 
#2922018-12-27:-1×IP 15 Feb 2019 $42.50 C $       105.00 ( $          -1.09 )$    40,879.27 ➤ $    19,413.27 
#2912018-12-21:-2×ADM 15 Mar 2019 $45.00 P $       851.00 ( $          -1.58 )$    40,775.36 ➤ $    19,414.36 
#2902018-12-14:-2×MO 21 Jun 2019 $60.00 C $       230.00 ( $          -1.58 )$    39,925.94 ➤ $    19,415.94 
#2892018-12-14:-1×MO 18 Jan 2019 $52.50 P $       181.00 ( $      -517.87 )→ #298$    39,697.52 ➤ $    19,417.52 
#2882018-12-14:-1×AAPL 18 Jan 2019 $160.00 P $       375.00 ( $      -507.87 )→ #297$    40,034.39 ➤ $    19,754.39 
#2872018-12-06:-1×XOM 18 Apr 2019 $85.00 C $       126.00 ( $          -1.09 )$    40,167.26 ➤ $    19,887.26 
#2862018-12-06:-2×WSM 15 Feb 2019 $60.00 C $       300.00 ( $        -71.57 )$    40,042.35 ➤ $    19,888.35 
#2852018-12-06:-2×WBA 15 Jan 2021 $85.00 C $    2,074.00 ( $          -2.20 )$    39,813.92 ➤ $    19,659.92 
#2842018-12-06:-1×VYM 18 Jan 2019 $85.00 C $         80.00 ( $          -0.34 )$    37,742.12 ➤ $    19,662.12 
#2832018-12-06:-1×VLO 14 Mar 2019 $90.00 C $       165.00 ( $          -0.79 )$    37,662.46 ➤ $    19,582.46 
#2822018-12-06:-1×TSM 19 Jul 2019 $45.00 C $         60.00 ( $          -0.34 )$    37,498.25 ➤ $    19,583.25 
#2812018-12-06:-1×TSM 19 Jul 2019 $45.00 C $         64.00 ( $          -1.09 )$    37,438.59 ➤ $    19,583.59 
#2802018-12-06:-1×TRV 18 Apr 2019 $140.00 C $       100.00 ( $          -0.34 )$    37,375.68 ➤ $    19,584.68 
#2792018-12-06:-1×TROW 18 Apr 2019 $110.00 C $       115.00 ( $          -0.34 )$    37,276.02 ➤ $    19,585.02 
#2782018-12-06:-4×TJX 17 Jan 2020 $45.00 P $    1,746.00 ( $          -4.00 )$    37,161.36 ➤ $    19,585.36 
#2772018-12-06:-4×T 21 Jun 2019 $35.00 C $       128.00 ( $          -1.95 )$    35,419.36 ➤ $    19,589.36 
#2762018-12-06:-1×SBUX 15 Feb 2019 $70.00 C $       132.00 ( $          -0.79 )$    35,293.31 ➤ $    19,591.31 
#2752018-12-06:-1×ROST 17 May 2019 $100.00 C $         85.00 ( $          -1.94 )$    35,162.10 ➤ $    19,592.10 
#2742018-12-06:-1×PM 18 Jan 2019 $80.00 P $       160.00 ( $          -0.79 )$    35,079.04 ➤ $    19,594.04 
#2732018-12-06:-2×PG 15 Jan 2021 $95.00 C $    1,560.00 ( $          -1.59 )$    34,919.83 ➤ $    19,434.83 
#2722018-12-06:-2×PFE 21 Jun 2019 $50.00 C $       154.00 ( $          -0.97 )$    33,361.42 ➤ $    19,436.42 
#2712018-12-06:-2×O 21 Jun 2019 $70.00 C $       188.00 ( $            0.00 )$    33,208.39 ➤ $    19,437.39 
#2702018-12-06:-1×MSFT 15 Mar 2019 $125.00 C $       115.00 ( $          -0.79 )$    33,020.39 ➤ $    19,437.39 
#2692018-12-06:-5×MAIN 21 Jun 2019 $40.00 C $       250.00 ( $          -0.18 )$    32,906.18 ➤ $    19,438.18 
#2682018-12-06:-1×LOW 21 Jun 2019 $120.00 C $         67.00 ( $          -0.79 )$    32,656.36 ➤ $    19,438.36 
#2672018-12-06:-4×KRG 17 May 2019 $20.00 C $         60.00 ( $            0.00 )$    32,590.15 ➤ $    19,439.15 
#2662018-12-06:-2×KO 17 May 2019 $52.50 C $       154.00 ( $          -1.57 )$    32,530.15 ➤ $    19,439.15 
#2652018-12-06:-3×KBH 19 Jul 2019 $26.00 C $       309.00 ( $      -279.81 )$    32,377.72 ➤ $    19,440.72 
#2642018-12-06:-1×JPM 18 Jan 2019 $110.00 C $       146.00 ( $        -10.17 )→ #293$    32,348.53 ➤ $    19,411.53 
#2632018-12-06:-2×INTC 15 Feb 2019 $55.00 C $       106.00 ( $          -2.53 )$    32,212.70 ➤ $    19,275.70 
#2622018-12-06:-1×HRL 21 Jun 2019 $50.00 C $       110.00 ( $          -0.34 )$    32,109.23 ➤ $    19,278.23 
#2612018-12-06:-1×ES 19 Jul 2019 $70.00 C $       270.00 ( $          -0.34 )$    31,999.57 ➤ $    19,278.57 
#2602018-12-06:-1×DGX 17 May 2019 $100.00 C $       135.00 ( $          -0.34 )$    31,729.91 ➤ $    19,278.91 
#2592018-12-06:-1×D 19 Jul 2019 $80.00 C $       130.00 ( $          -0.34 )$    31,595.25 ➤ $    19,279.25 
#2582018-12-06:-1×AFL 17 May 2019 $45.00 C $       160.00 ( $      -371.87 )→ #300$    31,465.59 ➤ $    19,279.59 
#2572018-12-06:-2×ABBV 17 May 2019 $100.00 C $       500.00 ( $          -1.58 )$    31,677.46 ➤ $    19,491.46 
#2562018-12-06:-1×AAPL 15 Feb 2019 $200.00 C $       167.00 ( $          -4.87 )→ #299$    31,179.04 ➤ $    19,493.04 
#2552018-11-01:-3×GPS 21 Jun 2019 $27.00 P $    1,004.00 ( $          -1.47 )$    31,016.91 ➤ $    19,330.91 
#2542018-11-01:-2×FL 15 Feb 2019 $45.00 P $       660.00 ( $        -13.22 )$    30,014.38 ➤ $    19,332.38 
#2532018-11-01:-2×CMCSA 21 Jun 2019 $42.50 C $       320.00 ( $          -1.28 )$    29,367.60 ➤ $    18,685.60 
#2522018-10-29:-1×IP 21 Dec 2018 $42.50 P $       162.00 ( $          -0.79 )$    29,048.88 ➤ $    18,686.88 
#2512018-10-25:-3×GILD 18 Jan 2019 $80.00 C $       304.00 ( $        -63.51 )$    28,887.67 ➤ $    18,525.67 
#250b2018-10-24:-1×F 15 Mar 2019 $10.00 C $         19.00 ( $          -6.60 )→ #301$    28,647.18 ➤ $    18,285.18 
#250a2018-10-24:-9×F 15 Mar 2019 $10.00 C $       171.00 ( $      -142.35 )$    28,634.78 ➤ $    18,272.78 
#2492018-10-23:-1×TSM 18 Jan 2019 $40.00 C $       114.00 ( $        -37.17 )→ #282$    28,606.13 ➤ $    18,244.13 
#2482018-10-19:-2×PG 18 Jan 2019 $85.00 C $       695.00 ( $   -1,622.40 )→ #273$    28,529.30 ➤ $    18,167.30 
#2472018-10-19:-3×NKE 18 Jan 2019 $70.00 P $       558.00 ( $          -3.84 )$    29,456.70 ➤ $    19,094.70 
#2462018-10-19:-10×F 15 Mar 2019 $10.00 C $       160.00 ( $      -160.61 )$    28,902.54 ➤ $    18,540.54 
#2452018-10-12:-2×WBA 18 Jan 2019 $72.50 C $       615.00 ( $   -2,046.00 )→ #285$    28,903.15 ➤ $    18,541.15 
#2442018-10-12:-1×JNJ 17 Jan 2020 $150.00 C $       518.00 ( $          -0.64 )$    30,334.15 ➤ $    19,972.15 
#2432018-10-12:-2×ALK 18 Apr 2019 $62.60 P $    1,106.00 ( $          -1.67 )$    29,816.79 ➤ $    19,972.79 
#2422018-10-12:-2×XEL 21 Dec 2018 $45.00 P $       120.00 ( $        -18.00 )$    28,712.46 ➤ $    19,974.46 
#2412018-10-12:-1×VZ 16 Nov 2018 $52.50 P $       115.00 ( $        -10.87 )$    28,610.46 ➤ $    19,872.46 
#2402018-10-12:-2×TSM 16 Nov 2018 $36.00 P $       100.00 ( $          -1.57 )$    28,506.33 ➤ $    19,768.33 
#2392018-10-12:-2×SBUX 17 Jan 2020 $55.00 P $       966.00 ( $          -0.84 )$    28,407.90 ➤ $    19,669.90 
#2382018-10-12:  2×SBUX 17 Jan 2020 $75.00 C $           0.00 ( $      -186.82 )$    27,442.74 ➤ $    19,670.74 
#2372018-10-12:-2×HRL 21 Dec 2018 $37.50 P $       160.00 ( $        -18.60 )$    27,629.56 ➤ $    19,857.56 
#2362018-10-12:-2×AFL 18 Jan 2019 $42.50 P $       252.00 ( $        -20.15 )$    27,488.16 ➤ $    19,716.16 
#2352018-10-02:-5×FLO 16 Nov 2018 $17.50 P $       150.00 ( $        -46.51 )$    27,256.31 ➤ $    19,484.31 
#2342018-10-02:-2×FL 16 Nov 2018 $50.00 P $       620.00 ( $      -599.68 )→ #254$    27,152.82 ➤ $    19,380.82 
#2332018-10-02:-2×ALK 21 Dec 2018 $65.00 P $       570.00 ( $   -1,047.73 )→ #243$    27,132.50 ➤ $    19,360.50 
#2322018-09-05:  1×MGM 17 Jan 2020 $28.00 P $       405.00 ( $          -0.64 )$    27,610.23 ➤ $    19,838.23 
#2312018-09-05:-1×GILD 16 Nov 2018 $85.00 C $         44.00 ( $        -12.14 )→ #251$    27,205.87 ➤ $    19,838.87 
#2302018-08-28:-4×TJX 18 Apr 2019 $50.00 P $       499.00 ( $   -1,829.58 )→ #278$    27,174.01 ➤ $    19,807.01 
#2292018-08-28:-2×TJX 18 Apr 2019 $55.00 C $       572.00 ( $        -40.29 )$    28,504.59 ➤ $    21,137.59 
#2282018-08-28:-2×TGT 19 Oct 2018 $80.00 P $       123.00 ( $          -0.82 )$    27,972.88 ➤ $    20,605.88 
#2272018-08-28:-3×NKE 19 Oct 2018 $75.00 P $       183.00 ( $        -91.65 )→ #247$    27,850.70 ➤ $    20,483.70 
#2262018-08-28:-10×F 18 Jan 2019 $11.00 C $       216.00 ( $        -81.06 )→ #250$    27,759.35 ➤ $    20,392.35 
#2252018-08-17:-2×CMCSA 16 Nov 2018 $37.50 C $       181.00 ( $      -264.09 )→ #253$    27,624.41 ➤ $    20,257.41 
#2242018-08-10:-10×F 18 Jan 2019 $11.00 C $       210.00 ( $        -65.61 )→ #246$    27,707.50 ➤ $    20,340.50 
#2232018-08-06:-1×UNP 19 Oct 2018 $140.00 P $       172.00 ( $          -1.59 )$    27,563.11 ➤ $    20,196.11 
#2222018-08-06:-1×HON 21 Sep 2018 $145.00 P $         75.00 ( $          -1.09 )$    27,392.70 ➤ $    20,025.70 
#2212018-08-06:-1×HD 21 Sep 2018 $185.00 P $       177.00 ( $          -0.79 )$    27,318.79 ➤ $    19,951.79 
#2202018-08-06:-1×CVS 21 Sep 2018 $65.00 P $       222.00 ( $          -0.84 )$    27,142.58 ➤ $    19,775.58 
#2192018-08-06:-2×CSCO 19 Oct 2018 $40.00 P $       124.00 ( $          -2.57 )$    26,921.42 ➤ $    19,554.42 
#2182018-08-06:-2×BBY 21 Sep 2018 $70.00 P $       324.00 ( $          -0.98 )$    26,799.99 ➤ $    19,432.99 
#2172018-08-06:-2×ADM 21 Dec 2018 $45.00 P $       124.00 ( $      -671.30 )→ #291$    26,476.97 ➤ $    19,109.97 
#2162018-07-30:-1×MGM 21 Sep 2018 $31.00 P $       144.00 ( $      -350.42 )→ #232$    27,024.27 ➤ $    19,657.27 
#2152018-07-26:-1×MKC 21 Dec 2018 $115.00 P $       353.00 ( $        -20.45 )$    27,230.69 ➤ $    19,863.69 
#2142018-07-20:-2×WSM 16 Nov 2018 $60.00 P $       717.00 ( $            0.00 )$    26,898.14 ➤ $    19,531.14 
#2132018-07-18:-1×HSY 24 Aug 2018 $91.00 P $       229.00 ( $          -0.62 )$    26,181.14 ➤ $    18,814.14 
#2122018-06-20:-2×SBUX 17 Jan 2020 $50.00 P $       915.00 ( $          -2.57 )$    25,952.76 ➤ $    18,585.76 
#2112018-06-20:-1×HSY 20 Jul 2018 $92.00 P $       194.00 ( $        -65.41 )→ #213$    25,040.33 ➤ $    18,588.33 
#2102018-06-20:-3×GIS 17 Jan 2020 $42.50 P $    1,224.00 ( $          -1.49 )$    24,911.74 ➤ $    18,459.74 
#2092018-06-20:  3×GIS 17 Jan 2020 $60.00 C $           0.00 ( $      -235.46 )$    23,689.23 ➤ $    18,461.23 
#2082018-06-14:-2×TGT 19 Oct 2018 $70.00 P $       355.00 ( $        -20.43 )→ #228$    23,924.69 ➤ $    18,696.69 
#2072018-06-14:-3×NKE 19 Oct 2018 $65.00 P $       264.00 ( $        -31.18 )→ #227$    23,590.12 ➤ $    18,362.12 
#2062018-06-14:-20×F 18 Jan 2019 $12.00 C $    1,383.00 ( $      -306.09 )$    23,357.30 ➤ $    18,129.30 
#2052018-06-14:-2×WBA 19 Oct 2018 $70.00 C $       288.00 ( $      -413.80 )→ #245$    22,280.39 ➤ $    17,052.39 
#2042018-06-14:-1×TSM 18 Jan 2019 $45.00 C $         55.00 ( $          -5.67 )$    22,406.19 ➤ $    17,178.19 
#2032018-06-14:-1×TRV 19 Oct 2018 $140.00 C $       124.00 ( $          -1.09 )$    22,356.86 ➤ $    17,128.86 
#2022018-06-14:-2×TJX 19 Oct 2018 $52.50 C $         90.00 ( $      -398.62 )→ #229$    22,233.95 ➤ $    17,005.95 
#2012018-06-14:-2×T 19 Oct 2018 $36.00 C $         94.00 ( $          -1.58 )$    22,542.57 ➤ $    17,314.57 
#2002018-06-14:-1×RDS.B 18 Jan 2019 $80.00 C $       115.00 ( $        -30.67 )$    22,450.15 ➤ $    17,222.15 
#1992018-06-14:-2×PG 19 Oct 2018 $85.00 C $         74.00 ( $      -233.80 )→ #248$    22,365.82 ➤ $    17,137.82 
#1982018-06-14:-1×LOW 18 Jan 2019 $120.00 C $       110.00 ( $        -10.57 )$    22,525.62 ➤ $    17,297.62 
#1972018-06-14:-1×JNJ 21 Dec 2018 $135.00 C $       150.00 ( $      -407.72 )→ #244$    22,426.19 ➤ $    17,198.19 
#1962018-06-14:-2×GILD 16 Nov 2018 $85.00 C $       166.00 ( $        -23.68 )→ #251$    22,683.91 ➤ $    17,455.91 
#1952018-06-14:-2×DIS 19 Oct 2018 $125.00 C $       116.00 ( $          -1.58 )$    22,541.59 ➤ $    17,313.59 
#1942018-06-14:-2×CMCSA 17 Aug 2018 $35.00 C $       164.00 ( $        -85.40 )→ #225$    22,427.17 ➤ $    17,199.17 
#1932018-06-14:-1×BUD 21 Dec 2018 $115.00 C $         85.00 ( $        -12.57 )$    22,348.57 ➤ $    17,120.57 
#1922018-06-14:-1×AAPL 20 Jul 2018 $200.00 C $       122.00 ( $          -1.09 )$    22,276.14 ➤ $    17,048.14 
#1912018-06-12:-2×TPR 20 Jul 2018 $45.00 P $       140.00 ( $          -8.76 )$    22,155.23 ➤ $    16,927.23 
#1902018-06-12:-1×MKC 21 Sep 2018 $100.00 P $       185.00 ( $        -18.36 )→ #215$    22,023.99 ➤ $    16,795.99 
#1892018-06-12:-2×AEO 17 Aug 2018 $24.00 P $       180.00 ( $          -9.17 )$    21,857.35 ➤ $    16,629.35 
#1882018-05-24:-2×WSM 17 Aug 2018 $47.50 P $       240.00 ( $        -12.08 )→ #214$    21,686.52 ➤ $    16,458.52 
#1872018-05-24:-4×TJX 19 Oct 2018 $41.25 P $       380.00 ( $        -17.28 )→ #230$    21,458.60 ➤ $    16,230.60 
#1862018-05-24:-2×TGT 20 Jul 2018 $67.50 P $       224.00 ( $        -32.79 )→ #208$    21,095.88 ➤ $    15,867.88 
#1852018-05-24:-2×HSY 15 Jun 2018 $91.00 P $       236.00 ( $          -0.74 )$    20,904.67 ➤ $    15,676.67 
#1842018-05-11:-1×WMT 21 Jun 2019 $82.50 P $       667.00 ( $        -93.42 )$    20,669.41 ➤ $    15,441.41 
#1832018-05-11:-1×VLO 17 Jan 2020 $90.00 C $    2,935.00 ( $      -701.77 )$    20,095.83 ➤ $    14,867.83 
#1822018-05-11:-1×PG 17 Jan 2020 $72.50 P $       633.00 ( $      -179.71 )$    17,862.60 ➤ $    12,634.60 
#1812018-05-11:-1×MO 21 Jul 2019 $55.00 P $       579.00 ( $          -0.63 )$    17,409.31 ➤ $    12,181.31 
#1802018-05-11:-3×GPS 21 Dec 2018 $29.00 P $       912.00 ( $      -886.90 )→ #255$    16,830.94 ➤ $    12,181.94 
#1792018-05-11:-2×DIS 17 Jan 2020 $100.00 P $    1,845.00 ( $          -1.15 )$    16,805.84 ➤ $    12,156.84 
#1782018-05-11:  2×DIS 17 Jan 2020 $130.00 C $           0.00 ( $      -712.11 )$    14,961.99 ➤ $    12,157.99 
#1772018-04-20:-3×GLW 18 Jan 2019 $27.00 P $       618.00 ( $      -102.32 )$    15,674.10 ➤ $    12,870.10 
#1762018-04-20:-1×PG 18 Jan 2019 $77.50 P $       627.00 ( $      -672.25 )→ #182$    15,158.42 ➤ $    12,354.42 
#1752018-04-20:-1×MO 20 Jul 2018 $60.00 P $       438.00 ( $      -505.25 )→ #181$    15,203.67 ➤ $    12,399.67 
#1742018-04-20:-3×KBH 18 Jan 2019 $30.00 P $    1,494.00 ( $          -1.46 )$    15,270.92 ➤ $    12,466.92 
#1732018-04-06:-1×WMT 18 May 2018 $87.50 P $       304.00 ( $      -508.25 )→ #184$    13,778.38 ➤ $    10,974.38 
#1722018-04-06:-2×DIS 18 May 2018 $110.00 C $       116.00 ( $          -1.38 )$    13,982.63 ➤ $    11,178.63 
#1712018-03-23:-3×XLRE 18 May 2018 $29.00 P $       120.00 ( $          -0.18 )$    13,868.01 ➤ $    11,064.01 
#1702018-03-23:-2×APC 18 May 2018 $57.50 P $       290.00 ( $          -0.99 )$    13,748.19 ➤ $    10,944.19 
#1692018-03-22:-3×PFE 18 May 2018 $34.00 P $       141.00 ( $          -1.47 )$    13,459.18 ➤ $    10,655.18 
#1682018-03-22:-3×GPS 18 May 2018 $31.00 P $       447.00 ( $      -551.90 )→ #180$    13,319.65 ➤ $    10,515.65 
#1672018-03-14:-6×WEN 18 May 2018 $16.00 P $       270.00 ( $          -0.25 )$    13,424.55 ➤ $    10,620.55 
#1662018-03-14:-2×STLD 18 May 2018 $46.00 P $       410.00 ( $          -0.69 )$    13,154.80 ➤ $    10,350.80 
#1652018-03-14:-1×RS 20 Apr 2018 $87.50 P $       170.00 ( $          -0.34 )$    12,745.49 ➤ $      9,941.49 
#1642018-03-14:-3×PFE 15 Jun 2018 $34.00 P $       150.00 ( $          -1.47 )$    12,575.83 ➤ $      9,771.83 
#1632018-03-14:10×NEE 20 Apr 2018 $150.00 P $           0.00 ( $   -1,055.63 )$    12,427.30 ➤ $      9,623.30 
#1622018-03-14:-10×NEE 20 Apr 2018 $155.00 P $    2,153.00 ( $          -5.70 )$    13,482.93 ➤ $    10,678.93 
#1612018-03-14:-2×KMB 17 Jan 2020 $100.00 P $    1,503.00 ( $          -0.11 )$    11,335.63 ➤ $      8,531.63 
#1602018-03-14:  2×KMB 17 Jan 2020 $135.00 C $           0.00 ( $      -783.14 )$      9,832.74 ➤ $      8,531.74 
#1592018-03-14:-2×HOG 18 May 2018 $40.00 P $       186.00 ( $          -0.98 )$    10,615.88 ➤ $      9,314.88 
#1582018-03-14:-3×GLW 20 Apr 2018 $29.00 P $       141.00 ( $      -465.32 )→ #177$    10,430.86 ➤ $      9,129.86 
#1572018-03-14:-1×BUD 18 May 2018 $105.00 P $       200.00 ( $          -0.79 )$    10,755.18 ➤ $      9,454.18 
#1562018-02-26:-2×ABBV 17 Jan 2020 $100.00 C $    5,508.00 ( $      -822.21 )$    10,555.97 ➤ $      9,254.97 
#1552018-02-26:-1×WMT 06 Apr 2018 $90.00 P $       130.00 ( $      -221.61 )→ #173$      5,870.18 ➤ $      4,569.18 
#1542018-02-26:-1×LOW 20 Apr 2018 $92.50 P $       196.00 ( $          -0.79 )$      5,961.79 ➤ $      4,660.79 
#1532018-02-26:  5×HD 20 Apr 2018 $185.00 P $           0.00 ( $   -4,827.70 )$      5,766.58 ➤ $      4,465.58 
#1522018-02-26:-5×HD 20 Apr 2018 $190.00 P $    3,450.00 ( $          -2.79 )$    10,594.28 ➤ $      9,293.28 
#1512018-02-23:-2×SBUX 18 May 2018 $52.50 P $       194.00 ( $          -0.98 )$      7,147.07 ➤ $      5,846.07 
#1502018-02-23:-1×PG 20 Apr 2018 $80.00 P $       171.00 ( $      -562.41 )→ #176$      6,954.05 ➤ $      5,653.05 
#149b2018-02-23:-1×MO 20 Apr 2018 $60.00 P $         72.00 ( $      -267.16 )→ #175$      7,345.46 ➤ $      6,044.46 
#149a2018-02-23:-1×MO 20 Apr 2018 $60.00 P $         72.00 ( $          -0.54 )$      7,540.62 ➤ $      6,239.62 
#1482018-02-23:-2×HRL 15 Jun 2018 $32.50 P $       304.00 ( $          -0.01 )$      7,469.16 ➤ $      6,168.16 
#1472018-02-23:-2×EEM 18 May 2018 $46.00 P $       156.00 ( $          -2.42 )$      7,165.17 ➤ $      5,864.17 
#1462018-02-23:-2×DIS 06 Apr 2018 $112.00 C $       142.00 ( $          -0.74 )$      7,011.59 ➤ $      5,710.59 
#1452018-02-23:-3×BAC 18 May 2018 $29.00 P $       150.00 ( $          -1.47 )$      6,870.33 ➤ $      5,569.33 
#1442018-02-23:-2×AAPL 18 May 2018 $155.00 P $       374.00 ( $          -2.43 )$      6,721.80 ➤ $      5,420.80 
#1432018-02-16:-3×NKE 20 Jul 2018 $60.00 P $       441.00 ( $        -20.73 )→ #207$      6,350.23 ➤ $      5,049.23 
#1422018-02-16:-2×GILD 15 Jun 2018 $85.00 C $       678.00 ( $        -11.15 )$      5,929.96 ➤ $      4,628.96 
#1412018-01-12:  6×WYNN 16 Mar 2018 $155.00 P $           0.00 ( $   -2,708.04 )$      5,263.11 ➤ $      3,962.11 
#1402018-01-12:-6×WYNN 16 Mar 2018 $160.00 P $    3,791.00 ( $          -3.14 )$      7,971.15 ➤ $      6,670.15 
#1392018-01-12:  6×RL 20 Apr 2018 $100.00 P $           0.00 ( $   -2,427.25 )$      4,183.29 ➤ $      2,882.29 
#1382018-01-12:-6×RL 20 Apr 2018 $105.00 P $    3,566.00 ( $          -3.34 )$      6,610.54 ➤ $      5,309.54 
#1372018-01-12:  8×JPM 16 Mar 2018 $105.00 P $           0.00 ( $      -842.23 )$      3,047.88 ➤ $      1,746.88 
#1362018-01-12:-8×JPM 16 Mar 2018 $110.00 P $    1,864.00 ( $        -10.29 )$      3,890.11 ➤ $      2,589.11 
#1352018-01-12:-3×KSS 16 Mar 2018 $55.00 P $       405.00 ( $          -0.14 )$      2,036.40 ➤ $         735.40 
#134c2018-01-11:-1×QCOM 17 Jan 2020 $65.00 C $       785.00 ( $          -0.51 )$      1,631.54 ➤ $         330.54 
#134b2018-01-11:-2×QCOM 17 Jan 2020 $65.00 C $    1,570.00 ( $      -756.60 )$         847.05 ➤ $         331.05 
#134a2018-01-10:-1×QCOM 17 Jan 2020 $65.00 C $       785.00 ( $   -1,101.29 )$           33.65 ➤ $        -482.35 
#1332018-01-10:-20×F 17 Jan 2020 $12.00 C $    3,720.00 ( $   -2,558.96 )→ #206$         349.94 ➤ $        -166.06 
#1322018-01-10:-2×KO 18 Jan 2019 $47.00 C $       414.00 ( $      -109.56 )$       -811.10 ➤ $     -1,327.10 
#1312018-01-10:-3×TGT 16 Mar 2018 $60.00 P $       144.00 ( $          -1.48 )$     -1,115.54 ➤ $     -1,631.54 
#1302018-01-10:-3×KBH 20 Apr 2018 $31.00 P $       306.00 ( $   -1,283.91 )→ #174$     -1,258.06 ➤ $     -1,774.06 
#1292018-01-10:-2×FAST 18 May 2018 $50.00 P $       350.00 ( $            0.00 )$       -280.15 ➤ $        -796.15 
#1282018-01-10:-1×AXP 20 Apr 2018 $100.00 P $       330.00 ( $          -0.80 )$       -630.15 ➤ $     -1,146.15 
#1272017-11-30:-2×EEM 19 Jan 2018 $46.00 P $       234.00 ( $          -0.85 )$       -959.35 ➤ $     -1,475.35 
#1262017-11-30:-2×BBT 16 Mar 2018 $50.00 P $       130.00 ( $          -0.98 )$     -1,192.50 ➤ $     -1,708.50 
#1252017-11-21:-3×X 19 Jan 2018 $26.00 P $       252.00 ( $          -2.09 )$     -1,321.52 ➤ $     -1,837.52 
#1242017-11-21:-2×RL 19 Jan 2018 $80.00 P $       150.00 ( $          -0.09 )$     -1,571.43 ➤ $     -2,087.43 
#1232017-11-21:-3×BAC 19 Jan 2018 $25.00 P $       120.00 ( $          -2.23 )$     -1,721.34 ➤ $     -2,237.34 
#1222017-11-17:-1×VLO 18 Jan 2019 $80.00 C $       892.00 ( $   -3,535.26 )→ #183$     -1,839.11 ➤ $     -2,355.11 
#1212017-11-17:-3×NKE 20 Apr 2018 $50.00 P $       208.00 ( $        -31.15 )→ #143$         804.15 ➤ $         288.15 
#1202017-11-17:-2×AAPL 16 Feb 2018 $150.00 P $       376.00 ( $          -1.60 )$         627.30 ➤ $         111.30 
#1192017-11-17:-2×WBA 15 Dec 2017 $70.00 P $       244.00 ( $          -0.99 )$         252.90 ➤ $        -263.10 
#1182017-11-17:-2×TXN 16 Mar 2018 $85.00 P $       200.00 ( $          -0.99 )$             9.89 ➤ $        -506.11 
#1172017-11-17:-2×MO 19 Jan 2018 $62.50 P $       140.00 ( $          -0.99 )$       -189.12 ➤ $        -705.12 
#116b2017-10-20:-1×INTC 17 Jan 2020 $40.00 C $       516.00 ( $   -1,691.18 )$       -328.13 ➤ $        -844.13 
#116a2017-10-20:-1×INTC 17 Jan 2020 $40.00 C $       516.00 ( $          -0.51 )$         847.04 ➤ $         331.04 

key:  expired  •  closed  •  rolled  •  assigned  •  open 


For a complete listing of all options transactions, please visit my Options History page.

Goals Progress


My options goal in 2019 is to collect a total of $21,000, which is a monthly average of $1,750.


Total
Options Income
Secured
Options Income
This Month:
$ 44,030
$    19,387
Last Month:
$ 42,793
$    17,659
Difference:
 $   1,237 
$      1,728

With only $1,237 collected in January, I'm off to a slow start. Let's see how it goes in February!


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Feel free to comment on this article — I'll do my best to respond
to each comment as quickly as possible.

4 comments :

  1. A slower month (in your opinion) isn't too bad. Keep working at it and I'm sure you'll put up some amazing numbers again.

    ReplyDelete
    Replies
    1. Thanks for commenting, Buy, Hold Long -- I appreciate your encouragement. We'll see how it goes in the rest of February. So far, its been really quiet!

      Delete
  2. Beautiful report. It is tiring to track the data and make the table. Is color coding automatically assigned?

    ReplyDelete
    Replies
    1. Thanks for commenting -- yes the color is automatic in my spreadsheet.

      Delete

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