Saturday, November 14, 2020

Options Update: October 2020

Welcome to my monthly Options Update article in which I summarize options trades and keep track of DivGro's total options income. 

I sell covered calls and put options for options income, which is then redeployed to buy dividend growth stocks. Doing so indirectly boosts DivGro's ability to generate dividend income. 

I had a fair month in October, but it is very unlikely that I will achieve my 2020 goal of collecting at least $24,000 in options income. 

Recap


In October, I had one assignment and seven expirations. Additionally, I rolled forward six options and had seven income-generating trades:


Assigned Options


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

I had one assignment in October:

#514b2020-08-21:-1×WBA 16 Oct 2020 $37.50 P $ 105.67 ( $ -0.73 ) 

I sold three $37.50 put options on Walgreens Boots Alliance, Inc (WBA), and allowed one of them to be was assigned. This means I had to buy 100 shares of WBA at $37.50 per share while shares were priced around $37.41. When accounting for the options premium I received for selling the option, my effective cost basis is $36.45 per share.

This turned out to be a favorable assignment because I effectively paid less per share than the going price at the time. For additional context, WBA is now trading above $42 per share!

Expired Options


In October, the following option expired:

#5182020-08-24:-2×CMCSA 16 Oct 2020 $40.00 P $       112.00 ( $ -0.89 )
#5122020-08-21:-1×SPG 16 Oct 2020 $60.00 P $       420.00 ( $ -0.68 ) 
#5082020-08-21:-1×NKE 16 Oct 2020 $95.00 P $       117.00 ( $ -1.59 ) 
#5012020-07-24:-1×RY 16 Oct 2020 $75.00 C $       110.00 ( $ -1.10 )
#4962020-07-24:-1×MCD 16 Oct 2020 $165.00 P $       162.00 ( $ -0.80 ) 
#4892020-07-23:-1×LOW 16 Oct 2020 $125.00 P $       222.00 ( $ -0.80 )
#4872020-07-23:-1×D 16 Oct 2020 $85.00 C $       164.00 ( $ -1.10 )

I already covered these expirations in an article, so I won't rehash details here.

In all, I secured options income totaling $1,300 with these expirations. Secured means I no longer have any obligations. For covered calls, my shares can no longer be called away and for put options, the margin that had been set aside for collateral gets released.  

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 did not close out early any options in October.

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 two options in October:

#5502020-10-21:-2×O 18 Dec 2020 $60.00 P $       670.00 ( $          -0.69 )$    86,949.93 ➤ $    52,721.93 
#5102020-08-21:-1×O 18 Dec 2020 $50.00 P $       135.00 ( $        -55.69 )→ #550$    78,109.58 ➤ $    52,588.58 
#5092020-08-21:-1×O 18 Dec 2020 $50.00 P $       132.00 ( $        -56.04 )→ #550$    78,030.26 ➤ $    52,509.26 
#5492020-10-21:-2×AFL 20 Nov 2020 $37.00 P $       344.00 ( $          -0.68 )$    86,280.62 ➤ $    52,722.62 
#5172020-08-24:-2×AFL 20 Nov 2020 $32.50 P $       180.00 ( $        -74.87 )→ #549$    78,768.31 ➤ $    52,638.31 
#5422020-10-16:-2×PSX 15 Jan 2021 $50.00 P $       890.00 ( $          -0.69 )$    84,879.62 ➤ $    52,727.62 
#5112020-08-21:-2×PSX 16 Oct 2020 $55.00 P $       370.00 ( $      -730.87 )→ #542$    77,748.71 ➤ $    52,227.71 
#5412020-10-16:-1×CVX 18 Dec 2020 $70.00 P $       352.00 ( $          -0.64 )$    83,990.31 ➤ $    52,728.31 
#5052020-08-21:-1×CVX 16 Oct 2020 $75.00 P $       159.00 ( $      -153.73 )→ #541$    77,146.59 ➤ $    52,319.59 
#5392020-10-16:-2×CMCSA 18 Dec 2020 $47.50 C $       202.00 ( $          -0.88 )$    83,499.67 ➤ $    52,729.67 
#4862020-07-23:-2×CMCSA 16 Oct 2020 $47.50 C $       108.00 ( $          -2.89 )→ #539$    72,612.21 ➤ $    50,761.21 
#5382020-10-14:-2×WBA 15 Jan 2021 $35.00 P $       515.00 ( $          -0.73 )$    83,298.55 ➤ $    52,730.55 
#514a2020-08-21:-2×WBA 16 Oct 2020 $37.50 P $       211.33 ( $      -427.17 )→ #538$    78,076.54 ➤ $    52,430.54 

On 14 October, Walgreens Boots Alliance, Inc (WBA) traded around $36 per share, some 4% below the $37.50 put options I'd sold earlier. To avoid assignment, I decided to roll forward the option to the 15 January 2021 expiration date, simultaneously decreasing the strike price to $35. The trade netted $87 in options income and I secured about $211 in options income by closing the 16 Oct, $37.50 put.

Comcast Corporation (CMCSA) traded around $45.36 per share on 16 October, 4.5% below the $47.50 covered calls I'd sold earlier. With much of the potential options income captured, I decided to roll forward the option to the 18 December expiration date. In the process, I secured $105 in options income and collected an additional $201 in options income. 

On 16 October, Chevron Corporation (CVX) traded around $72.89 per share, some 4% below the $75 put option I'd sold earlier. To avoid assignment, I decided to roll forward the option to the 18 December expiration date, simultaneously decreasing the strike price to $70. The trade netted $198 in options income and I secured $159 in options income by closing the 16 Oct, $75 put.

Also on 16 October, Phillips 66 (PSX) traded around $50.58 per share, some 8% below the $55 put option I'd sold earlier. To avoid assignment, I decided to roll forward the option to the 15 January 2021 expiration date, simultaneously decreasing the strike price to $50. The trade netted about $158 in options income and I secured $370 in options income by closing the 16 Oct, $55 put.

Aflac Incorporated (AFL) traded around $36.65 per share on 21 October, some 14.5% above the $32.50 put options I'd sold earlier. With much of the potential options income already captured, I decided to increase the strike price to $37. The trade netted $268 in options income and I secured $180 in options income by closing the 20 Nov, $32.50 put.

Finally, Realty Income Corporation (O) traded around $59.44 on 21 October, well above the $50 put options I'd sold. With much of the potential options income already captured, I decided to increase the put strike price to $60, netting $558 in the process. Additionally, I secured $267 in options income for closing the December $50 puts. 

Covered Calls


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

I sold the following covered calls in October:

#5472020-10-19:-1×RY 18 Dec 2020 $75.00 C $       160.00 ( $          -0.34 ) 
#5442020-10-19:-1×D 18 Dec 2020 $85.00 C $       115.00 ( $          -0.34 ) 
#5402020-10-16:-2×CMCSA 18 Dec 2020 $50.00 C $       140.00 ( $          -0.72 )



#547 : 2020-10-19: Sold to Open 1 Contract of Option RY Dec 18 2020 75.00 C

I own 100 shares of Royal Bank of Canada (RY) at a cost basis of $72.02 per share. I'm willing to sell these shares for $75.00 on or before 18 December:

Open Date :  2020-10-19  
Expiration Date :  2020-12-18    Number of Days in Trade : 60
Cost Basis :  $72.02 per shareGain at Strike Price : 4.14%
Strike Price :  $75.00 per share
Number of Contracts : 1Number of Shares :100
Call Premium :  $1.60 per shareOptions Income : $160.00
  Commission : -$0.34
Net Premium :  $1.597 per shareNet Options Income : $159.66
Options Yield :  2.22%Annualized Options Yield : 13.50%
----------------------------  ----------------------------------------------------  -----------
  Commission if Exercised : $0.00
Cost Basis if Exercised : $70.42Gain if Exercised : 6.51%

This covered call yields 2.22%, or 13.50% on an annualized basis. The yield on cost of my RY position is 4.57%, so I'm boosting dividend income by a factor of 2.95. If the option is exercised, I'll sell 100 shares of RY at a reduced cost basis of $70.42 per share, for capital gains of 6.51%.

#544 : 2020-10-19: Sold to Open 1 Contract of Option D Dec 18 2020 85.00 C

I own 100 shares of Dominion Energy, Inc (D) at a cost basis of $72.90 per share. I'm willing to sell these shares for $85.00 on or before 18 December:

Open Date :  2020-10-19  
Expiration Date :  2020-12-18    Number of Days in Trade : 60
Cost Basis :  $72.90 per shareGain at Strike Price : 16.60%
Strike Price :  $85.00 per share
Number of Contracts : 1Number of Shares :100
Call Premium :  $1.15 per shareOptions Income : $115.00
  Commission : -$0.34
Net Premium :  $1.147 per shareNet Options Income : $114.66
Options Yield :  1.57%Annualized Options Yield : 9.57%
----------------------------  ----------------------------------------------------  -----------
  Commission if Exercised : $0.00
Cost Basis if Exercised : $71.75Gain if Exercised : 18.47%

This covered call yields 1.57%, or 9.57% on an annualized basis. The yield on cost of my D position is 5.16%, so I'm boosting dividend income by a factor of 1.86. If the option is exercised, I'll sell 100 shares of D at a reduced cost basis of $71.75 per share, for capital gains of 18.47%.

#540 : 2020-10-16: Sold to Open 2 Contracts of Option CMCSA Dec 18 2020 50.00 C

I own 200 shares of Comcast Corporation (CMCSA) at a cost basis of $38.91 per share. I'm willing to sell these shares for $50.00 on or before 18 December:

Open Date :  2020-10-16  
Expiration Date :  2020-12-18    Number of Days in Trade : 63
Cost Basis :  $38.91 per shareGain at Strike Price : 28.50%
Strike Price :  $50.00 per share
Number of Contracts : 2Number of Shares :200
Call Premium :  $0.70 per shareOptions Income : $140.00
  Commission : -$0.72
Net Premium :  $0.696 per shareNet Options Income : $139.28
Options Yield :  1.79%Annualized Options Yield : 10.38%
----------------------------  ----------------------------------------------------  -----------
  Commission if Exercised : $0.00
Cost Basis if Exercised : $38.21Gain if Exercised : 30.87%

This covered call yields 1.79%, or 10.38% on an annualized basis. The yield on cost of my CMCSA position is 2.36%, so I'm boosting dividend income by a factor of 4.39. If the options are exercised, I'll sell 200 shares of CMCSA at a reduced cost basis of $38.21 per share, for capital gains of 30.87%.

For covered calls, I think an achievable goal is to earn double the dividend yield. Two of the covered call trades achieve this goal and one does not.

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 sold the following put contracts in October:

#5482020-10-19:-1×SPG 18 Dec 2020 $50.00 P $       162.00 ( $          -0.88 ) 
#5462020-10-19:-1×MCD 18 Dec 2020 $200.00 P $       215.00 ( $          -1.09 )
#5452020-10-19:-1×LOW 18 Dec 2020 $150.00 P $       220.00 ( $          -0.79 ) 
#5432020-10-19:-2×CMCSA 15 Jan 2021 $40.00 P $       190.00 ( $          -0.88 )


#548 : 2020-10-19: Sold to Open 1 Contract of Option SPG Dec 18 2020 50.00 P

I'm willing to buy 100 shares of Simon Property Group, Inc (SPG) for $50.00 per share on or before 18 December. SPG closed at $63.91 per share on the date of my trade:

Open Date :  2020-10-19  
Expiration Date :  2020-12-18    Number of Days in Trade : 60
Price at Close :  $63.91 per shareDiscount at Strike Price : 21.76%
Strike Price :  $50.00 per share
Number of Contracts : 1Number of Shares :100
Put Premium :  $1.62 per shareOptions Income : $162.00
  Commission : -$0.88
Net Premium :  $1.611 per shareNet Options Income : $161.12
Options Yield :  2.52%Annualized Options Yield : 15.35%
----------------------------  ----------------------------------------------------  -----------
  Commission if Exercised : $0.00
Cost Basis if Exercised : $48.37Discount if Exercised : 24.31%

This put option trade yields 2.52%, or 15.35% on an annualized basis. At $63.91 per share, SPG yields 8.14%, so I'm boosting dividend income by a factor of 1.89. If the option is exercised, I'll buy 100 shares at a cost basis of $48.37 per share, a discount of 24.31%.

#546 : 2020-10-19: Sold to Open 1 Contract of Option MCD Dec 18 2020 200.00 P

I'm willing to buy 100 shares of McDonald's Corporation (MCD) for $200.00 per share on or before 18 December. MCD closed at $226.00 per share on the date of my trade:

Open Date :  2020-10-19  
Expiration Date :  2020-12-18    Number of Days in Trade : 60
Price at Close :  $226.00 per shareDiscount at Strike Price : 11.50%
Strike Price :  $200.00 per share
Number of Contracts : 1Number of Shares :100
Put Premium :  $2.15 per shareOptions Income : $215.00
  Commission : -$1.09
Net Premium :  $2.139 per shareNet Options Income : $213.91
Options Yield :  0.95%Annualized Options Yield : 5.76%
----------------------------  ----------------------------------------------------  -----------
  Commission if Exercised : $0.00
Cost Basis if Exercised : $197.84Discount if Exercised : 12.46%

This put option trade yields 0.95%, or 5.76% on an annualized basis. At $226.00 per share, MCD yields 2.28%, so I'm boosting dividend income by a factor of 2.52. If the option is exercised, I'll buy 100 shares at a cost basis of $197.84 per share, a discount of 12.46%.

#545 : 2020-10-19: Sold to Open 1 Contract of Option LOW Dec 18 2020 150.00 P

I'm willing to buy 100 shares of Lowe's Companies, Inc (LOW) for $150.00 per share on or before 18 December. LOW closed at $174.53 per share on the date of my trade:

Open Date :  2020-10-19  
Expiration Date :  2020-12-18    Number of Days in Trade : 60
Price at Close :  $174.53 per shareDiscount at Strike Price : 14.05%
Strike Price :  $150.00 per share
Number of Contracts : 1Number of Shares :100
Put Premium :  $2.20 per shareOptions Income : $220.00
  Commission : -$0.79
Net Premium :  $2.192 per shareNet Options Income : $219.21
Options Yield :  1.26%Annualized Options Yield : 7.65%
----------------------------  ----------------------------------------------------  -----------
  Commission if Exercised : $0.00
Cost Basis if Exercised : $147.79Discount if Exercised : 15.32%

This put option trade yields 1.26%, or 7.65% on an annualized basis. At $174.53 per share, LOW yields 1.38%, so I'm boosting dividend income by a factor of 5.56. If the option is exercised, I'll buy 100 shares at a cost basis of $147.79 per share, a discount of 15.32%.

#543 : 2020-10-19: Sold to Open 2 Contracts of Option CMCSA Jan 15 2021 40.00 P

I'm willing to buy 200 shares of Comcast Corporation (CMCSA) for $40.00 per share on or before 15 January 2021. CMCSA closed at $44.33 per share on the date of my trade:

Open Date :  2020-10-19  
Expiration Date :  2021-01-15    Number of Days in Trade : 88
Price at Close :  $44.33 per shareDiscount at Strike Price : 9.77%
Strike Price :  $40.00 per share
Number of Contracts : 2Number of Shares :200
Put Premium :  $0.95 per shareOptions Income : $190.00
  Commission : -$0.88
Net Premium :  $0.946 per shareNet Options Income : $189.12
Options Yield :  2.13%Annualized Options Yield : 8.85%
----------------------------  ----------------------------------------------------  -----------
  Commission if Exercised : $0.00
Cost Basis if Exercised : $39.05Discount if Exercised : 11.92%

This put option trade yields 2.13%, or 8.85% on an annualized basis. At $44.33 per share, CMCSA yields 2.08%, so I'm boosting dividend income by a factor of 4.27. If the options are exercised, I'll buy 200 shares at a cost basis of $39.05 per share, a discount of 11.92%.


For selling puts, I like to see a dividend boost factor of 5.00 or more unless I can buy shares at a discount of at least 10%. All four put trades I executed in October measure up to that criterium!

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 or are closed. Secured means I no longer have related obligations and "own" the corresponding options income free and clear. 

key:  expired  •  closed  •  rolled  •  assigned  •  open 

IDDATE:NO×TICKER OPTIONINCOME( EXPENSES )ROLLEDTOTAL➤ SECURED
#5502020-10-21:-2×O 18 Dec 2020 $60.00 P $       670.00 ( $          -0.69 )$    86,949.93 ➤ $    52,721.93 
#5492020-10-21:-2×AFL 20 Nov 2020 $37.00 P $       344.00 ( $          -0.68 )$    86,280.62 ➤ $    52,722.62 
#5482020-10-19:-1×SPG 18 Dec 2020 $50.00 P $       162.00 ( $          -0.88 )$    85,937.30 ➤ $    52,723.30 
#5472020-10-19:-1×RY 18 Dec 2020 $75.00 C $       160.00 ( $          -0.34 )$    85,776.18 ➤ $    52,724.18 
#5462020-10-19:-1×MCD 18 Dec 2020 $200.00 P $       215.00 ( $          -1.09 )$    85,616.52 ➤ $    52,724.52 
#5452020-10-19:-1×LOW 18 Dec 2020 $150.00 P $       220.00 ( $          -0.79 )$    85,402.61 ➤ $    52,725.61 
#5442020-10-19:-1×D 18 Dec 2020 $85.00 C $       115.00 ( $          -0.34 )$    85,183.40 ➤ $    52,726.40 
#5432020-10-19:-2×CMCSA 15 Jan 2021 $40.00 P $       190.00 ( $          -0.88 )$    85,068.74 ➤ $    52,726.74 
#5422020-10-16:-2×PSX 15 Jan 2021 $50.00 P $       890.00 ( $          -0.69 )$    84,879.62 ➤ $    52,727.62 
#5412020-10-16:-1×CVX 18 Dec 2020 $70.00 P $       352.00 ( $          -0.64 )$    83,990.31 ➤ $    52,728.31 
#5402020-10-16:-2×CMCSA 18 Dec 2020 $50.00 C $       140.00 ( $          -0.72 )$    83,638.95 ➤ $    52,728.95 
#5392020-10-16:-2×CMCSA 18 Dec 2020 $47.50 C $       202.00 ( $          -0.88 )$    83,499.67 ➤ $    52,729.67 
#5382020-10-14:-2×WBA 15 Jan 2021 $35.00 P $       515.00 ( $          -0.73 )$    83,298.55 ➤ $    52,730.55 
#5372020-09-29:-1×LOW 20 Nov 2020 $170.00 C $       575.00 ( $          -0.67 )$    82,784.28 ➤ $    52,731.28 
#5362020-09-29:-2×KO 18 Dec 2020 $55.00 C $         98.00 ( $          -0.87 )$    82,209.95 ➤ $    52,731.95 
#5352020-09-29:-1×INTC 15 Jan 2021 $60.00 C $       102.00 ( $          -1.09 )$    82,112.82 ➤ $    52,732.82 
#5342020-09-29:-1×IBM 20 Nov 2020 $135.00 C $       105.00 ( $          -1.09 )$    82,011.91 ➤ $    52,733.91 
#5332020-09-29:-2×GILD 20 Nov 2020 $70.00 C $       154.00 ( $          -0.88 )$    81,908.00 ➤ $    52,735.00 
#5322020-09-29:-2×CSCO 20 Nov 2020 $42.00 C $       162.00 ( $          -2.48 )$    81,754.88 ➤ $    52,735.88 
#5312020-09-29:-2×BNS 18 Dec 2020 $45.00 C $       100.00 ( $          -0.03 )$    81,595.36 ➤ $    52,738.36 
#5302020-09-29:-1×BMY 18 Dec 2020 $65.00 C $       115.00 ( $          -0.79 )$    81,495.39 ➤ $    52,738.39 
#5292020-09-29:-1×AFL 15 Jan 2021 $40.00 C $       100.00 ( $          -1.09 )$    81,381.18 ➤ $    52,739.18 
#5282020-09-29:-1×ADP 15 Jan 2021 $160.00 C $       185.00 ( $          -1.09 )$    81,282.27 ➤ $    52,740.27 
#5272020-09-29:-3×ADM 18 Dec 2020 $50.00 C $       300.00 ( $          -2.21 )$    81,098.36 ➤ $    52,741.36 
#5262020-09-21:-2×WFC 18 Dec 2020 $20.00 P $       136.00 ( $          -0.87 )$    80,800.57 ➤ $    52,743.57 
#5252020-09-21:-2×PSX 15 Jan 2021 $75.00 C $       164.00 ( $          -0.68 )$    80,665.44 ➤ $    52,744.44 
#5242020-09-21:-1×PM 18 Dec 2020 $80.00 C $       230.00 ( $          -0.79 )$    80,502.12 ➤ $    52,745.12 
#5232020-09-21:-2×PEG 18 Dec 2020 $45.00 P $       230.00 ( $          -0.22 )$    80,272.91 ➤ $    52,745.91 
#5222020-09-21:-1×ORCL 20 Nov 2020 $55.00 P $       118.00 ( $          -0.79 )$    80,043.13 ➤ $    52,746.13 
#5212020-09-21:-1×LYB 18 Dec 2020 $65.00 P $       400.00 ( $          -0.24 )$    79,925.92 ➤ $    52,746.92 
#5202020-08-31:-2×EMR 18 Dec 2020 $57.50 P $       284.00 ( $          -0.66 )$    79,526.16 ➤ $    52,747.16 
#5192020-08-27:-2×LLY 20 Nov 2020 $125.00 P $       365.00 ( $          -1.60 )$    79,242.82 ➤ $    52,747.82 
#5182020-08-24:-2×CMCSA 16 Oct 2020 $40.00 P $       112.00 ( $          -0.89 )$    78,879.42 ➤ $    52,749.42 
#5172020-08-24:-2×AFL 20 Nov 2020 $32.50 P $       180.00 ( $        -74.87 )→ #549$    78,768.31 ➤ $    52,638.31 
#5162020-08-21:-2×XOM 20 Nov 2020 $35.00 P $       218.00 ( $          -0.90 )$    78,663.18 ➤ $    52,533.18 
#5152020-08-21:-2×XEL 18 Dec 2020 $60.00 P $       266.00 ( $          -1.40 )$    78,446.08 ➤ $    52,534.08 
#514b2020-08-21:-1×WBA 16 Oct 2020 $37.50 P $       105.67 ( $          -0.73 )$    78,181.48 ➤ $    52,535.48 
#514a2020-08-21:-2×WBA 16 Oct 2020 $37.50 P $       211.33 ( $      -427.17 )→ #538$    78,076.54 ➤ $    52,430.54 
#5132020-08-21:-1×TXN 20 Nov 2020 $105.00 P $       125.00 ( $          -0.65 )$    78,292.38 ➤ $    52,646.38 
#5122020-08-21:-1×SPG 16 Oct 2020 $60.00 P $       420.00 ( $          -0.68 )$    78,168.03 ➤ $    52,647.03 
#5112020-08-21:-2×PSX 16 Oct 2020 $55.00 P $       370.00 ( $      -730.87 )→ #542$    77,748.71 ➤ $    52,227.71 
#5102020-08-21:-1×O 18 Dec 2020 $50.00 P $       135.00 ( $        -55.69 )→ #550$    78,109.58 ➤ $    52,588.58 
#5092020-08-21:-1×O 18 Dec 2020 $50.00 P $       132.00 ( $        -56.04 )→ #550$    78,030.26 ➤ $    52,509.26 
#5082020-08-21:-1×NKE 16 Oct 2020 $95.00 P $       117.00 ( $          -1.59 )$    77,954.30 ➤ $    52,433.30 
#5072020-08-21:-2×MSFT 15 Jan 2021 $155.00 P $       558.00 ( $          -0.90 )$    77,838.89 ➤ $    52,317.89 
#5062020-08-21:-1×JNJ 15 Jan 2021 $120.00 P $       136.00 ( $          -0.80 )$    77,281.79 ➤ $    52,318.79 
#5052020-08-21:-1×CVX 16 Oct 2020 $75.00 P $       159.00 ( $      -153.73 )→ #541$    77,146.59 ➤ $    52,319.59 
#5042020-08-21:-1×AAPL 15 Jan 2021 $300.00 P $       371.00 ( $          -0.65 )$    77,141.32 ➤ $    52,314.32 
#5032020-08-21:-2×AAPL 15 Jan 2021 $300.00 P $       731.00 ( $          -1.21 )$    76,770.97 ➤ $    52,314.97 
#5022020-07-24:-5×T 15 Jan 2021 $35.00 C $       232.00 ( $          -2.48 )$    76,041.18 ➤ $    52,316.18 
#5012020-07-24:-1×RY 16 Oct 2020 $75.00 C $       110.00 ( $          -1.10 )$    75,811.66 ➤ $    52,318.66 
#5002020-07-24:-2×PSX 20 Nov 2020 $85.00 C $       190.00 ( $        -24.67 )→ #525$    75,702.76 ➤ $    52,209.76 
#4992020-07-24:-1×PM 18 Sep 2020 $80.00 C $       162.00 ( $          -1.10 )$    75,537.43 ➤ $    52,044.43 
#4982020-07-24:-3×PFE 18 Dec 2020 $45.00 C $       210.00 ( $          -1.34 )$    75,376.53 ➤ $    51,883.53 
#4972020-07-24:-2×MO 15 Jan 2021 $50.00 C $       130.00 ( $          -0.89 )$    75,167.87 ➤ $    51,884.87 
#4962020-07-24:-1×MCD 16 Oct 2020 $165.00 P $       162.00 ( $          -0.80 )$    75,038.76 ➤ $    51,885.76 
#4952020-07-23:-2×WFC 15 Jan 2021 $32.50 C $       220.00 ( $          -0.90 )$    74,877.56 ➤ $    51,724.56 
#4942020-07-23:-2×TJX 15 Jan 2021 $65.00 C $       310.00 ( $          -1.40 )$    74,658.46 ➤ $    51,725.46 
#4932020-07-23:-1×SPG 15 Jan 2021 $100.00 C $       232.00 ( $          -0.80 )$    74,349.86 ➤ $    51,726.86 
#4922020-07-23:-1×ROST 15 Jan 2021 $120.00 C $       150.00 ( $          -1.10 )$    74,118.66 ➤ $    51,727.66 
#4912020-07-23:-1×PEG 18 Sep 2020 $55.00 P $       360.00 ( $          -0.30 )$    73,969.76 ➤ $    51,728.76 
#4902020-07-23:-1×LYB 18 Sep 2020 $60.00 P $       225.00 ( $          -0.35 )$    73,610.06 ➤ $    51,369.06 
#4892020-07-23:-1×LOW 16 Oct 2020 $125.00 P $       222.00 ( $          -0.80 )$    73,385.41 ➤ $    51,144.41 
#4882020-07-23:-2×DIS 15 Jan 2021 $150.00 C $       390.00 ( $          -0.90 )$    73,164.21 ➤ $    50,923.21 
#4872020-07-23:-1×D 16 Oct 2020 $85.00 C $       164.00 ( $          -1.10 )$    72,775.11 ➤ $    50,924.11 
#4862020-07-23:-2×CMCSA 16 Oct 2020 $47.50 C $       108.00 ( $          -2.89 )→ #539$    72,612.21 ➤ $    50,761.21 
#4852020-07-16:-2×TROW 15 Jan 2021 $135.00 C $    2,202.00 ( $          -0.34 )$    72,507.10 ➤ $    50,656.10 
#4842020-06-30:-1×PEG 17 Jul 2020 $50.00 P $       185.00 ( $          -0.35 )$    70,305.44 ➤ $    50,656.44 
#4832020-06-25:-2×PEG 21 Aug 2020 $45.00 P $       380.00 ( $          -0.20 )$    70,120.79 ➤ $    50,471.79 
#4822020-06-25:-1×LYB 17 Jul 2020 $61.00 P $       335.00 ( $          -0.25 )$    69,740.99 ➤ $    50,091.99 
#4812020-06-23:-2×WFC 18 Sep 2020 $22.50 P $       188.00 ( $          -0.90 )$    69,406.24 ➤ $    49,757.24 
#4802020-06-23:-3×WBA 21 Aug 2020 $40.00 P $       489.00 ( $      -110.52 )→ #514$    69,219.14 ➤ $    49,570.14 
#4792020-06-23:-3×CMCSA 21 Aug 2020 $32.50 P $       132.00 ( $          -1.34 )$    68,840.66 ➤ $    49,191.66 
#4782020-06-23:-2×AFL 21 Aug 2020 $35.00 P $       390.00 ( $          -0.90 )$    68,710.00 ➤ $    49,061.00 
#4772020-06-22:-2×XEL 16 Oct 2020 $55.00 P $       260.00 ( $        -47.59 )→ #515$    68,320.90 ➤ $    48,671.90 
#4762020-06-22:-1×WMT 18 Dec 2020 $100.00 P $       240.00 ( $          -0.80 )$    68,108.49 ➤ $    48,459.49 
#4752020-06-22:-1×ORCL 18 Sep 2020 $50.00 P $       148.00 ( $          -0.80 )$    67,869.29 ➤ $    48,460.29 
#4742020-06-22:-1×O 18 Sep 2020 $50.00 P $       180.00 ( $        -17.94 )→ #510$    67,722.09 ➤ $    48,313.09 
#4732020-06-22:-1×HRL 18 Dec 2020 $40.00 P $       105.00 ( $          -0.35 )$    67,560.03 ➤ $    48,151.03 
#4722020-06-16:-2×MSFT 16 Oct 2020 $145.00 P $       462.00 ( $        -88.37 )→ #507$    67,455.38 ➤ $    48,151.38 
#4712020-06-16:-2×AAPL 18 Sep 2020 $250.00 P $       560.00 ( $        -31.09 )→ #503$    67,081.75 ➤ $    47,777.75 
#4702020-05-28:-3×CMCSA 17 Jul 2020 $35.00 P $       150.00 ( $          -2.21 )$    66,552.84 ➤ $    47,248.84 
#4692020-04-17:-1×TXN 18 Sep 2020 $95.00 P $       660.00 ( $          -6.30 )→ #513$    66,405.05 ➤ $    47,101.05 
#4682020-04-17:-1×LOW 17 Jul 2020 $90.00 P $       702.00 ( $          -0.66 )$    65,751.35 ➤ $    46,447.35 
#4672020-03-19:-1×SPG 15 May 2020 $40.00 P $       560.00 ( $          -0.81 )$    65,050.01 ➤ $    45,746.01 
#4662020-03-19:-1×O 19 Jun 2020 $37.50 P $       350.00 ( $          -0.30 )$    64,490.82 ➤ $    45,186.82 
#4652020-03-19:-1×NNN 19 Jun 2020 $22.50 P $       190.00 ( $          -0.30 )$    64,141.12 ➤ $    44,837.12 
#4642020-03-19:-2×MAIN 17 Apr 2020 $15.00 P $       380.00 ( $            0.00 )$    63,951.42 ➤ $    44,647.42 
#4632020-03-18:-1×HRL 15 Jan 2021 $52.50 C $       520.00 ( $          -0.25 )$    63,571.42 ➤ $    44,267.42 
#4622020-03-16:-3×TJX 15 Jan 2021 $45.00 P $    2,450.00 ( $          -1.83 )$    63,051.67 ➤ $    44,267.67 
#4612020-03-16:-2×SBUX 15 Jan 2021 $65.00 P $    2,603.00 ( $          -1.35 )$    60,603.50 ➤ $    44,269.50 
#4602020-03-16:-1×MMM 15 Jan 2021 $130.00 P $    2,344.00 ( $          -0.70 )$    58,001.85 ➤ $    44,270.85 
#4592020-03-16:-2×ICE 15 Jan 2021 $75.00 P $    2,235.00 ( $          -0.63 )$    55,658.55 ➤ $    44,271.55 
#4582020-03-09:-1×LYB 15 Jan 2021 $70.00 P $    1,590.00 ( $   -3,100.61 )$    53,424.18 ➤ $    44,272.18 
#4572020-03-09:-1×HRL 19 Jun 2020 $40.00 P $       155.00 ( $          -0.35 )$    54,934.79 ➤ $    45,782.79 
#4562020-03-09:-3×BEN 20 Nov 2020 $22.50 P $    1,366.00 ( $          -1.44 )$    54,780.14 ➤ $    45,628.14 
#4552020-03-02:-1×UNP 15 May 2020 $145.00 P $       535.00 ( $          -0.81 )$    53,415.58 ➤ $    45,629.58 
#4542020-03-02:-1×SBUX 17 Apr 2020 $70.00 P $       111.00 ( $      -978.44 )→ #461$    52,881.39 ➤ $    45,095.39 
#4532020-02-11:-1×MSFT 15 Jan 2021 $155.00 P $       633.00 ( $          -1.11 )$    53,748.83 ➤ $    45,962.83 
#4522020-02-11:-1×INTC 15 Jan 2021 $50.00 P $       139.00 ( $          -0.80 )$    53,116.94 ➤ $    45,963.94 
#4512020-02-11:-1×AAPL 15 Jan 2021 $255.00 P $       865.00 ( $      -221.74 )→ #504$    52,978.74 ➤ $    45,964.74 
#4502020-01-21:-1×TXN 17 Apr 2020 $115.00 P $       128.00 ( $      -306.44 )→ #469$    52,335.48 ➤ $    45,321.48 
#4492020-01-21:-2×TJX 17 Apr 2020 $67.50 C $       110.00 ( $          -0.01 )$    52,513.92 ➤ $    45,499.92 
#4482020-01-21:-2×ORCL 19 Jun 2020 $47.50 P $       150.00 ( $          -1.49 )$    52,403.93 ➤ $    45,389.93 
#4472020-01-21:-2×GILD 15 May 2020 $55.00 P $       162.00 ( $          -0.89 )$    52,255.42 ➤ $    45,241.42 
#4462020-01-21:-2×CSX 15 May 2020 $67.50 P $       240.00 ( $   -3,201.79 )$    52,094.31 ➤ $    45,080.31 
#4452020-01-15:-2×KO 18 Sep 2020 $55.00 C $       717.00 ( $          -9.85 )$    55,056.10 ➤ $    48,042.10 
#4442020-01-15:-1×D 17 Jul 2020 $82.50 C $       267.00 ( $          -0.30 )$    54,348.95 ➤ $    47,334.95 
#4432020-01-15:-2×CMCSA 17 Jul 2020 $47.50 C $       402.00 ( $          -1.50 )$    54,082.25 ➤ $    47,068.25 
#4422020-01-15:-3×BEN 17 Jul 2020 $27.50 P $       978.00 ( $   -2,502.74 )→ #456$    53,681.75 ➤ $    46,667.75 
#4412020-01-08:-5×T 21 Jan 2022 $40.00 C $    1,452.00 ( $      -289.58 )→ #502$    55,206.49 ➤ $    48,192.49 
#4402019-12-18:-2×XEL 19 Jun 2020 $55.00 P $       150.00 ( $          -0.21 )$    54,044.07 ➤ $    47,030.07 
#4392019-12-18:-1×TSM 21 Jan 2022 $60.00 C $       808.00 ( $          -0.31 )$    53,894.28 ➤ $    46,880.28 
#4382019-12-18:-2×TJX 17 Apr 2020 $55.00 P $       174.00 ( $   -2,476.67 )→ #462$    53,086.59 ➤ $    46,880.59 
#4372019-12-18:-1×SBUX 21 Feb 2020 $85.00 P $       187.00 ( $          -0.80 )$    55,389.26 ➤ $    49,183.26 
#4362019-12-18:-1×PSX 21 Feb 2020 $110.00 P $       270.00 ( $          -0.35 )$    55,203.06 ➤ $    48,997.06 
#4352019-12-18:-1×LYB 20 Mar 2020 $80.00 P $       120.00 ( $   -1,755.58 )→ #458$    54,933.41 ➤ $    48,727.41 
#4342019-12-18:-1×ICE 19 Jun 2020 $85.00 P $       195.00 ( $   -1,285.58 )→ #459$    56,568.99 ➤ $    50,362.99 
#4332019-12-18:-2×HRL 20 Mar 2020 $40.00 P $       104.00 ( $        -19.90 )$    57,659.57 ➤ $    51,453.57 
#4322019-12-18:-1×AMT 17 Apr 2020 $180.00 P $       200.00 ( $          -0.35 )$    57,575.47 ➤ $    51,369.47 
#4312019-12-18:-1×ABT 15 May 2020 $75.00 P $       117.00 ( $          -0.80 )$    57,375.82 ➤ $    51,169.82 
#4302019-12-12:-2×TROW 17 Jul 2020 $120.00 C $    2,209.00 ( $   -2,601.93 )→ #485$    57,259.62 ➤ $    51,053.62 
#4292019-11-27:-1×SBUX 17 Apr 2020 $77.50 P $       158.00 ( $   -1,543.17 )→ #461$    57,652.55 ➤ $    51,446.55 
#4282019-11-26:-1×WMT 19 Jun 2020 $100.00 P $       158.00 ( $          -0.65 )$    59,037.72 ➤ $    52,831.72 
#4272019-11-26:-1×V 20 Mar 2020 $155.00 P $       127.00 ( $        -11.19 )$    58,880.37 ➤ $    52,674.37 
#4262019-11-26:-1×UNP 21 Feb 2020 $160.00 P $       217.00 ( $          -0.80 )$    58,764.56 ➤ $    52,558.56 
#4252019-11-26:-1×NKE 17 Apr 2020 $77.50 P $       102.00 ( $          -1.10 )$    58,548.36 ➤ $    52,342.36 
#4242019-11-26:-1×MSFT 20 Mar 2020 $130.00 P $       119.00 ( $          -8.37 )$    58,447.46 ➤ $    52,241.46 
#4232019-11-26:-1×MRK 17 Apr 2020 $75.00 P $       107.00 ( $          -0.80 )$    58,336.83 ➤ $    52,130.83 
#4222019-11-26:-1×MMM 17 Apr 2020 $160.00 P $    3,441.00 ( $          -1.45 )→ #460$    58,230.63 ➤ $    52,024.63 
#4212019-11-26:-1×MCD 20 Mar 2020 $170.00 P $       126.00 ( $        -10.32 )$    54,791.08 ➤ $    48,585.08 
#4202019-11-26:-1×LOW 17 Apr 2020 $95.00 P $       111.00 ( $        -41.44 )→ #468$    54,675.40 ➤ $    48,469.40 
#4192019-11-26:-1×LLY 17 Apr 2020 $100.00 P $       140.00 ( $        -10.74 )$    54,605.84 ➤ $    48,399.84 
#4182019-11-26:-1×JNJ 20 Mar 2020 $120.00 P $       115.00 ( $          -9.89 )$    54,476.58 ➤ $    48,270.58 
#4172019-11-26:-1×ICE 19 Jun 2020 $80.00 P $       133.00 ( $   -1,000.59 )→ #459$    54,371.47 ➤ $    48,165.47 
#4162019-11-13:-2×XOM 17 Apr 2020 $75.00 C $       194.00 ( $        -11.74 )$    55,239.06 ➤ $    49,033.06 
#4152019-11-13:-1×WFC 19 Jun 2020 $60.00 C $       112.00 ( $        -10.19 )$    55,056.80 ➤ $    48,850.80 
#4142019-11-13:-1×TXN 17 Jan 2020 $110.00 P $       144.00 ( $          -1.10 )$    54,954.99 ➤ $    48,748.99 
#4132019-11-13:-5×SKT 19 Jun 2020 $20.00 C $       120.00 ( $        -30.70 )$    54,812.09 ➤ $    48,606.09 
#4122019-11-13:-1×PM 19 Jun 2020 $100.00 C $       102.00 ( $          -0.65 )$    54,722.79 ➤ $    48,516.79 
#4112019-11-13:-1×JNJ 20 Mar 2020 $140.00 C $       163.00 ( $          -0.65 )$    54,621.44 ➤ $    48,415.44 
#4102019-11-13:-1×IBM 17 Apr 2020 $120.00 P $       269.00 ( $        -10.59 )$    54,459.09 ➤ $    48,253.09 
#4092019-11-13:-2×ABBV 15 Jan 2021 $90.00 C $    1,310.00 ( $          -1.52 )$    54,200.68 ➤ $    47,994.68 
#4082019-10-18:-2×TSM 15 Jan 2021 $50.00 C $    1,083.00 ( $            0.00 )$    52,892.20 ➤ $    47,996.20 
#4072019-10-18:-2×TROW 20 Dec 2019 $115.00 C $       339.00 ( $   -2,090.59 )→ #430$    51,809.20 ➤ $    47,996.20 
#4062019-10-18:-2×TJX 17 Jan 2020 $65.00 C $       188.00 ( $            0.00 )$    53,560.79 ➤ $    49,747.79 
#4052019-10-18:-1×ADM 20 Mar 2020 $45.00 C $         53.00 ( $          -1.10 )$    53,372.79 ➤ $    49,559.79 
#4042019-10-01:-1×TJX 17 Apr 2020 $50.00 P $       180.00 ( $      -802.24 )→ #462$    53,320.89 ➤ $    49,507.89 
#4032019-10-01:-1×SNA 15 Nov 2019 $145.00 P $       260.00 ( $          -0.35 )$    53,943.13 ➤ $    50,130.13 
#4022019-10-01:-3×PFE 20 Mar 2020 $40.00 C $       132.00 ( $          -1.13 )$    53,683.48 ➤ $    49,870.48 
#4012019-10-01:-1×MRK 15 Nov 2019 $80.00 P $       127.00 ( $          -1.58 )$    53,552.61 ➤ $    49,739.61 
#4002019-10-01:-1×MDT 17 Jan 2020 $100.00 P $       196.00 ( $          -0.80 )$    53,427.19 ➤ $    49,614.19 
#3992019-10-01:-1×HRL 20 Mar 2020 $47.50 C $       125.00 ( $      -280.83 )→ #463$    53,231.99 ➤ $    49,418.99 
#3982019-10-01:-2×ADM 20 Mar 2020 $45.00 C $       160.00 ( $          -0.99 )$    53,387.82 ➤ $    49,574.82 
#3972019-10-01:-2×ADM 15 Nov 2019 $40.00 P $       228.00 ( $          -1.00 )$    53,228.81 ➤ $    49,415.81 
#3962019-09-20:-1×ORCL 17 Jan 2020 $52.50 P $       213.00 ( $          -1.59 )$    53,001.81 ➤ $    49,188.81 
#3952019-09-20:-1×MSFT 21 Jan 2022 $155.00 C $    1,490.00 ( $          -0.68 )$    52,790.40 ➤ $    48,977.40 
#3942019-09-20:-2×MO 20 Mar 2020 $50.00 C $       120.00 ( $        -20.18 )$    51,301.08 ➤ $    48,978.08 
#3932019-09-20:-2×MO 15 Jan 2021 $45.00 P $    2,029.00 ( $   -2,101.77 )$    51,201.26 ➤ $    48,878.26 
#3922019-09-20:-1×LOW 17 Jan 2020 $125.00 C $       182.00 ( $          -0.80 )$    51,274.03 ➤ $    48,951.03 
#3912019-09-20:-3×INTC 15 Nov 2019 $45.00 P $       129.00 ( $          -3.83 )$    51,092.83 ➤ $    48,769.83 
#3902019-09-20:-2×INTC 15 Nov 2019 $55.00 C $       168.00 ( $          -1.59 )$    50,967.66 ➤ $    48,644.66 
#3892019-09-20:-2×GILD 21 Feb 2020 $75.00 C $       266.00 ( $        -13.23 )$    50,801.25 ➤ $    48,478.25 
#3882019-09-20:-2×GILD 17 Jan 2020 $60.00 P $       270.00 ( $          -2.56 )$    50,548.48 ➤ $    48,225.48 
#3872019-09-20:-2×CSX 17 Jan 2020 $70.00 P $       820.00 ( $          -1.80 )$    50,281.04 ➤ $    47,958.04 
#3862019-08-16:-1×XOM 17 Jan 2020 $80.00 C $         33.00 ( $          -4.69 )→ #416$    49,462.84 ➤ $    47,139.84 
#3852019-08-16:-1×DGX 21 Feb 2020 $100.00 C $       675.00 ( $          -0.31 )$    49,434.53 ➤ $    47,111.53 
#3842019-08-14:-1×TIF 17 Jan 2020 $85.00 P $       769.00 ( $          -1.66 )$    48,759.84 ➤ $    46,436.84 
#3832019-08-02:-1×XOM 18 Oct 2019 $67.50 P $       135.00 ( $          -0.80 )$    47,992.50 ➤ $    45,669.50 
#3822019-08-02:-1×VZ 18 Oct 2019 $52.50 P $       108.00 ( $          -0.96 )$    47,858.30 ➤ $    45,535.30 
#3812019-08-02:-3×PFE 20 Sep 2019 $40.00 C $       138.00 ( $          -2.39 )$    47,751.26 ➤ $    45,428.26 
#3802019-08-02:-1×MRK 20 Sep 2019 $80.00 P $       110.00 ( $          -1.09 )$    47,615.65 ➤ $    45,292.65 
#3792019-08-02:-1×MDT 20 Sep 2019 $97.50 P $       158.00 ( $          -0.80 )$    47,506.74 ➤ $    45,183.74 
#3782019-07-25:-2×NKE 18 Oct 2019 $75.00 P $       124.00 ( $          -0.99 )$    47,349.54 ➤ $    45,026.54 
#3772019-07-25:-2×MS 15 Nov 2019 $42.00 P $       263.00 ( $          -0.85 )$    47,226.53 ➤ $    44,903.53 
#3762019-07-25:-1×LLY 17 Jan 2020 $85.00 P $       106.00 ( $          -7.74 )→ #419$    46,964.38 ➤ $    44,641.38 
#3752019-07-25:-1×AAPL 18 Oct 2019 $180.00 P $       180.00 ( $          -0.65 )$    46,866.12 ➤ $    44,543.12 
#3742019-07-22:-1×XOM 17 Jan 2020 $80.00 C $       127.00 ( $          -5.32 )→ #416$    46,686.77 ➤ $    44,363.77 
#3732019-07-22:-1×VLO 20 Dec 2019 $100.00 C $       105.00 ( $          -0.68 )$    46,565.09 ➤ $    44,242.09 
#3722019-07-22:-2×TSM 18 Oct 2019 $45.00 C $       380.00 ( $      -946.30 )→ #408$    46,460.77 ➤ $    44,137.77 
#3712019-07-22:-1×TRV 18 Oct 2019 $155.00 C $       255.00 ( $          -0.35 )$    47,027.07 ➤ $    44,704.07 
#3702019-07-22:-1×DIS 18 Oct 2019 $145.00 C $       407.00 ( $          -0.80 )$    46,772.42 ➤ $    44,449.42 
#3692019-07-22:-1×D 17 Jan 2020 $80.00 C $       175.00 ( $      -236.64 )→ #444$    46,366.22 ➤ $    44,043.22 
#368b2019-07-16:-1×ORCL 20 Sep 2019 $55.00 P $         76.00 ( $      -109.07 )→ #396$    46,427.86 ➤ $    44,104.86 
#368a2019-07-16:-1×ORCL 20 Sep 2019 $55.00 P $         76.00 ( $          -0.50 )$    46,460.93 ➤ $    44,137.93 
#3672019-07-16:-2×CSX 20 Sep 2019 $72.50 P $       150.00 ( $      -548.77 )→ #387$    46,385.43 ➤ $    44,062.43 
#3662019-06-28:-1×WMT 20 Dec 2019 $100.00 P $       213.00 ( $          -3.44 )→ #428$    46,784.20 ➤ $    44,461.20 
#3652019-06-28:-1×UTX 15 Nov 2019 $115.00 P $       222.00 ( $          -0.80 )$    46,574.64 ➤ $    44,251.64 
#3642019-06-28:-2×PEP 18 Oct 2019 $110.00 P $       118.00 ( $          -0.99 )$    46,353.44 ➤ $    44,030.44 
#3632019-06-28:-2×EMR 20 Dec 2019 $60.00 P $       374.00 ( $          -9.19 )$    46,236.43 ➤ $    43,913.43 
#3622019-06-28:-2×CL 15 Nov 2019 $65.00 P $       248.00 ( $          -1.00 )$    45,871.62 ➤ $    43,548.62 
#3612019-06-28:-3×BEN 17 Jan 2020 $30.00 P $       261.00 ( $   -1,413.35 )→ #442$    45,624.62 ➤ $    43,301.62 
#3602019-06-28:-2×ABBV 15 Nov 2019 $60.00 P $       224.00 ( $          -1.00 )$    46,776.97 ➤ $    44,453.97 
#3592019-06-28:-1×TSM 17 Jan 2020 $45.00 C $       105.00 ( $   -1,380.59 )→ #439$    46,553.97 ➤ $    44,230.97 
#3582019-06-28:-2×ABBV 15 Nov 2019 $80.00 C $       303.00 ( $   -1,332.34 )→ #409$    47,829.56 ➤ $    45,506.56 
#3572019-06-21:-3×GPS 17 Jan 2020 $20.00 C $       345.00 ( $      -111.72 )$    48,858.90 ➤ $    46,535.90 
#3562019-06-21:-1×CSCO 18 Oct 2019 $52.50 P $       120.00 ( $          -1.10 )$    48,625.62 ➤ $    46,302.62 
#3552019-05-29:-2×MS 16 Aug 2019 $40.00 P $       262.00 ( $        -18.44 )→ #377$    48,506.72 ➤ $    46,183.72 
#3542019-05-28:-2×DAL 20 Sep 2019 $50.00 P $       310.00 ( $          -1.00 )$    48,263.16 ➤ $    45,940.16 
#3532019-05-28:-2×CMCSA 17 Jan 2020 $45.00 C $       396.00 ( $      -260.07 )→ #443$    47,954.16 ➤ $    45,631.16 
#3522019-05-24:-3×SKT 17 Jan 2020 $20.00 C $       188.00 ( $        -26.08 )→ #413$    47,818.23 ➤ $    45,495.23 
#3512019-05-22:-2×SKT 17 Jan 2020 $20.00 C $       112.00 ( $        -16.78 )→ #413$    47,656.31 ➤ $    45,333.31 
#3502019-05-22:-2×GIS 19 Jul 2019 $50.00 P $       176.00 ( $          -1.00 )$    47,561.09 ➤ $    45,238.09 
#3492019-05-22:-2×ADM 20 Sep 2019 $35.00 P $       110.00 ( $          -0.75 )$    47,386.09 ➤ $    45,063.09 
#3482019-05-20:-1×SNA 20 Sep 2019 $140.00 P $       260.00 ( $          -1.10 )$    47,276.84 ➤ $    44,953.84 
#3472019-05-16:-2×GIS 18 Oct 2019 $47.50 P $       260.00 ( $          -1.60 )$    47,017.94 ➤ $    44,694.94 
#3462019-05-16:-1×AOS 18 Oct 2019 $45.00 P $       180.00 ( $          -1.10 )$    46,759.54 ➤ $    44,436.54 
#3452019-05-15:-2×WFC 18 Oct 2019 $42.50 P $       240.00 ( $          -1.00 )$    46,580.64 ➤ $    44,257.64 
#3442019-05-15:-1×TIF 16 Aug 2019 $90.00 P $       302.00 ( $      -638.29 )→ #384$    46,341.64 ➤ $    44,018.64 
#3432019-05-15:-2×SO 15 Nov 2019 $45.00 P $         88.00 ( $          -0.99 )$    46,677.93 ➤ $    44,354.93 
#3422019-05-15:-2×QCOM 18 Oct 2019 $65.00 P $       156.00 ( $          -0.99 )$    46,590.92 ➤ $    44,267.92 
#3412019-05-15:-1×INTC 20 Sep 2019 $40.00 P $       105.00 ( $          -0.80 )$    46,435.91 ➤ $    44,112.91 
#3402019-05-15:-1×DIS 19 Jul 2019 $140.00 C $       242.00 ( $          -0.80 )$    46,331.71 ➤ $    44,008.71 
#3392019-05-15:-1×AAPL 18 Jun 2021 $205.00 C $    2,323.00 ( $          -0.69 )$    46,090.51 ➤ $    43,767.51 
#3382019-04-23:-1×PG 15 Jan 2021 $105.00 C $       896.00 ( $   -2,201.60 )$    43,768.20 ➤ $    43,768.20 
#3372019-04-22:-1×WBA 17 Jan 2020 $65.00 C $       163.00 ( $          -0.80 )$    45,073.80 ➤ $    45,073.80 
#3362019-04-22:-2×WBA 17 Jan 2020 $65.00 C $       328.00 ( $          -0.85 )$    44,911.60 ➤ $    44,911.60 
#3352019-04-04:-1×WBA 18 Apr 2019 $55.00 P $       145.00 ( $          -3.16 )$    44,584.45 ➤ $    44,584.45 
#3342019-04-04:-1×HRL 20 Sep 2019 $45.00 C $       121.00 ( $          -0.30 )$    44,442.61 ➤ $    44,442.61 
#3332019-03-27:-1×XOM 20 Sep 2019 $85.00 C $       151.00 ( $        -10.73 )→ #374$    44,321.91 ➤ $    44,321.91 
#3322019-03-27:-2×PFE 20 Sep 2019 $45.00 C $       173.00 ( $        -20.02 )$    44,181.64 ➤ $    44,181.64 
#331b2019-03-27:-1×DGX 16 Aug 2019 $95.00 C $       170.50 ( $      -585.12 )→ #385$    44,028.66 ➤ $    44,028.66 
#331a2019-03-27:-1×DGX 16 Aug 2019 $95.00 C $       170.50 ( $          -0.84 )$    44,443.28 ➤ $    44,443.28 
#3302019-03-27:-2×ABBV 16 Aug 2019 $90.00 C $       264.00 ( $        -22.68 )→ #358$    44,273.61 ➤ $    44,273.61 

key:  expired  •  closed  •  rolled  •  assigned  •  open 

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.

November 2020:

#5492020-10-21:-2×AFL 20 Nov 2020 $37.00 P $       344.00 ( $          -0.68 )→ Out of the money with an  12% safety margin  
#5372020-09-29:-1×LOW 20 Nov 2020 $170.00 C $       575.00 ( $          -0.67 )→ Out of the money with a  8% safety margin   
#5342020-09-29:-1×IBM 20 Nov 2020 $135.00 C $       105.00 ( $          -1.09 )→ Out of the money with an  13% safety margin  
#5332020-09-29:-2×GILD 20 Nov 2020 $70.00 C $       154.00 ( $          -0.88 )
→ Out of the money with an  13% safety margin 

#5322020-09-29:-2×CSCO 20 Nov 2020 $42.00 C $       162.00 ( $          -2.48 )→ Out of the money with a  8% safety margin   
#5222020-09-21:-1×ORCL 20 Nov 2020 $55.00 P $       118.00 ( $          -0.79 )→ Out of the money with a  3% safety margin   
#5192020-08-27:-2×LLY 20 Nov 2020 $125.00 P $       365.00 ( $          -1.60 )→ Out of the money with an  17% safety margin    
#5162020-08-21:-2×XOM 20 Nov 2020 $35.00 P $       218.00 ( $          -0.90 )→ Out of the money with a  5% safety margin   
#5132020-08-21:-1×TXN 20 Nov 2020 $105.00 P $       125.00 ( $          -0.65 )→ Out of the money with an  21% safety margin  
#4562020-03-09:-3×BEN 20 Nov 2020 $22.50 P
 $    1,366.00 ( $          -1.44 )→ In the money by  7% — caution!  

December 2020:

#5502020-10-21:-2×O 18 Dec 2020 $60.00 P  $       670.00 ( $          -0.69 )→ Out of the money with a  8% safety margin   
#5482020-10-19:-1×SPG 18 Dec 2020 $50.00 P $       162.00 ( $          -0.88 )→ Out of the money with an  58% safety margin   
#5472020-10-19:-1×RY 18 Dec 2020 $75.00 C $       160.00 ( $          -0.34 )→ In the money by  2% — caution!   
#5462020-10-19:-1×MCD 18 Dec 2020 $200.00 P $       215.00 ( $          -1.09 )→ Out of the money with a  7% safety margin   
#5452020-10-19:-1×LOW 18 Dec 2020 $150.00 P $       220.00 ( $          -0.79 )→ Out of the money with a  4% safety margin   
#5442020-10-19:-1×D 18 Dec 2020 $85.00 C $       115.00 ( $          -0.34 )→ At the money — caution!   
#5412020-10-16:-1×CVX 18 Dec 2020 $70.00 P $       352.00 ( $          -0.64 )→ Out of the money with an  19% safety margin   
#5402020-10-16:-2×CMCSA 18 Dec 2020 $50.00 C $       140.00 ( $          -0.72 )→ Out of the money with a  5% safety margin  
#5392020-10-16:-2×CMCSA 18 Dec 2020 $47.50 C $       202.00 ( $          -0.88 )→ Out of the money with a  5% safety margin   
#5362020-09-29:-2×KO 18 Dec 2020 $55.00 C $         98.00 ( $          -0.87 )→ Out of the money with a  2% safety margin   
#5312020-09-29:-2×BNS 18 Dec 2020 $45.00 C $       100.00 ( $          -0.03 )→ In the money by  2% — caution!  
#5302020-09-29:-1×BMY 18 Dec 2020 $65.00 C $       115.00 ( $          -0.79 )→ At the money — caution!   
#5272020-09-29:-3×ADM 18 Dec 2020 $50.00 C $       300.00 ( $          -2.21 )→ At the money — caution!   
#5262020-09-21:-2×WFC 18 Dec 2020 $20.00 P $       136.00 ( $          -0.87 )→ Out of the money with an  36% safety margin   
#5242020-09-21:-1×PM 18 Dec 2020 $80.00 C $       230.00 ( $          -0.79 )→ Out of the money with a  7% safety margin   
#5232020-09-21:-2×PEG 18 Dec 2020 $45.00 P $       230.00 ( $          -0.22 )→ Out of the money with an  35% safety margin   
#5212020-09-21:-1×LYB 18 Dec 2020 $65.00 P $       400.00 ( $          -0.24 )→ Out of the money with an  25% safety margin   
#5202020-08-31:-2×EMR 18 Dec 2020 $57.50 P $       284.00 ( $          -0.66 )→ Out of the money with an  36% safety margin   
#5152020-08-21:-2×XEL 18 Dec 2020 $60.00 P $       266.00 ( $          -1.40 )→ Out of the money with an  23% safety margin   
#4762020-06-22:-1×WMT 18 Dec 2020 $100.00 P $       240.00 ( $          -0.80 )→ Out of the money with an  46% safety margin   
#4732020-06-22:-1×HRL 18 Dec 2020 $40.00 P $       105.00 ( $          -0.35 )→ Out of the money with an  27% safety margin   

One put expiring in November is in the money, and five more options expiring in December are at the money or in the money. I would need to monitor these options carefully as option expiration nears. 

Concluding Remarks


October 2020

Total
Options Income
Secured
Options Income
End of Month:
$ 86,950
$ 52,722
Previous Month:
84,281
51,520
This Month:
$  2,669
$  1,202

My year-to-date options income is $14,038 and given my goal to collect $24,000 in options income in 2020, I'll now have to earn $9,962 in the remaining two months! That $4,981 per month, which is highly unlikely!

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3 comments :

  1. Hi FerdiS,
    thanks for sharing your progress on collecting options income with us. I like the "dividend boost" way of looking at it.
    I'm wondering if there is an article where you have explained your strategy? I've searched the blog but could not find anything like that.

    Thanks,
    Daniel

    ReplyDelete
    Replies
    1. Hi, Daniel -- thanks for your note. I wrote just a few articles about selling covered calls and put options, right in the beginning of my options trading journey. But they're not all that relevant anymore.

      https://divgro.blogspot.com/2016/06/would-you-buy-target-for-less-than-62.html

      https://divgro.blogspot.com/2016/07/three-round-out-buys.html

      https://divgro.blogspot.com/2016/09/boosting-fords-performance-with-options.html

      Delete
  2. Hi FerDis.

    Regardig rolling -2 Put O(ticker) to 18th dic and at the same time lifting the strike...
    They are very OTM, thats means there are no risk of being assigned.
    Why not, let them expire and open a new position if you want instead of rolling?

    Are you waiting to the very last day for rolling the ITM options, or you make the role 1 week or so, before the expiration date.

    When is the best timing for rolling according to your experience.

    Thanks.

    ReplyDelete

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