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Sunday, December 6, 2020

Options Update: November 2020

I write monthly Options Update articles to summarize options trades and keep track of DivGro's total options income. While my blog is mostly about dividend growth investing, I added options trading in 2016 to boost DivGro's income. 

When selling covered calls and put options, I collect the options income and redeploy it to buy dividend growth stocks. Doing so indirectly boosts DivGro's ability to generate dividend income. 

November's options income was disappointing as I failed to top $1,000 for the first time in six months. With only one month remaining, my 2020 goal of collecting at least $24,000 in options income is entirely out of reach. 

Recap


In November, I closed one option early and had one assignment and nine expirations. Additionally, I rolled forward an option and had ten 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 November:

#456a 2020-03-09 : -1 × BEN 20 Nov 2020 $22.50 P  $       455.33  ( $          -0.48 )

I sold three $22.50 put options on Franklin Resources, Inc (BENand rolled forward two of them to avoid assignment. This means I left one of those options open to an assignment, which occurred one day before expiration on 19 November.

I'm very happy with the outcome, despite having paid $22.50 per share when the going price was $20.85 per share. When accounting for the options premium I received, my effective cost basis was only $17.96 per share! 

For additional context, on Friday, BEN's closing price was $23.71 per share!

Expired Options


In November, the following option expired:

#549 2020-10-21 : -2 × AFL 20 Nov 2020 $37.00 P  $       344.00  ( $          -0.68 )
#537 2020-09-29 : -1 × LOW 20 Nov 2020 $170.00 C  $       575.00  ( $          -0.67 )  
#534 2020-09-29 : -1 × IBM 20 Nov 2020 $135.00 C  $       105.00  ( $          -1.09 )  
#533 2020-09-29 : -2 × GILD 20 Nov 2020 $70.00 C  $       154.00  ( $          -0.88 )  
#532 2020-09-29 : -2 × CSCO 20 Nov 2020 $42.00 C  $       162.00  ( $          -2.48 )
#522 2020-09-21 : -1 × ORCL 20 Nov 2020 $55.00 P  $       118.00  ( $          -0.79 )
#519 2020-08-27 : -2 × LLY 20 Nov 2020 $125.00 P  $       365.00  ( $          -1.60 )  
#516 2020-08-21 : -2 × XOM 20 Nov 2020 $35.00 P  $       218.00  ( $          -0.90 )
#513 2020-08-21 : -1 × TXN 20 Nov 2020 $105.00 P  $       125.00  ( $          -0.65 )

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

In all, I secured options income totaling $2,516 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 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.

#544 2020-10-19 : -1 × D 18 Dec 2020 $85.00 C  $       115.00  ( $      -172.42 )

I closed one option in November, but not to secure options income prematurely. Instead, I closed this option because I decided to close my position in Dominion Energy (D) because the company decreased its dividend.

Doing so produced a net loss of $57.

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.

As mentioned earlier, I rolled forward two BEN options to avoid assignment:

#551 2020-11-19 : -2 × BEN 18 Dec 2020 $20.00 P  $         91.00  ( $          -0.27 )
#456b 2020-03-09 : -2 × BEN 20 Nov 2020 $22.50 P  $       910.67  ( $      -352.23 ) → #551

On 19 November, BEN traded below $21 per share, some 7% below the $22.50 put options I'd sold earlier. To avoid assignment, I decided to roll forward two of these options to the 18 December expiration date, simultaneously lowering the strike price to $20. While trade cost about $353 to execute, I collected $91 for selling the December puts and secured about $557 of options income by buying back the November 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 November:

#558 2020-11-30 : -1 × LOW 15 Jan 2021 $170.00 C  $       120.00  ( $          -0.79 )
#556 2020-11-30 : -1 × IBM 18 Mar 2021 $140.00 C  $       155.00  ( $          -1.09 )  
#555 2020-11-30 : -2 × GILD 19 Feb 2021 $70.00 C  $       114.00  ( $          -0.87 )
#553 2020-11-30 : -2 × CSCO 19 Mar 2021 $45.00 C  $       270.00  ( $          -0.64 )


#558 : 2020-11-30: Sold to Open 1 Contract of Option LOW Jan 15 2021 170.00 C

I own 100 shares of Lowe's Companies, Inc (LOW) at a cost basis of $92.50 per share. I'm willing to sell these shares for $170.00 on or before 15 January:

Open Date :  2020-11-30    
Expiration Date :  2021-01-15     Number of Days in Trade :  46
Cost Basis :  $92.50 per share Gain at Strike Price :  83.78%
Strike Price :  $170.00 per share
Number of Contracts : 1 Number of Shares : 100
Call Premium :  $1.20 per share Options Income :  $120.00
    Commission :  -$0.79
Net Premium :  $1.192 per share Net Options Income :  $119.21
Options Yield :  1.29% Annualized Options Yield :  10.23%
----------------------------   --------------------- -------------------------------   -----------
    Commission if Exercised :  $0.00
Cost Basis if Exercised :  $91.29 Gain if Exercised :  86.22%

This covered call yields 1.29%, or 10.23% on an annualized basis. The yield on cost of my LOW position is 2.59%, so I'm boosting dividend income by a factor of 3.94. If the option is exercised, I'll sell 100 shares of LOW at a reduced cost basis of $91.29 per share, for capital gains of 86.22%.


#556 : 2020-11-30: Sold to Open 1 Contract of Option IBM Mar 18 2021 140.00 C

I own 100 shares of International Business Machines Corporation (IBM) at a cost basis of $138.49 per share. I'm willing to sell these shares for $140.00 on or before 18 March:

Open Date :  2020-11-30    
Expiration Date :  2021-03-18     Number of Days in Trade :  108
Cost Basis :  $138.49 per share Gain at Strike Price :  1.09%
Strike Price :  $140.00 per share
Number of Contracts : 1 Number of Shares : 100
Call Premium :  $1.55 per share Options Income :  $155.00
    Commission :  -$1.09
Net Premium :  $1.539 per share Net Options Income :  $153.91
Options Yield :  1.11% Annualized Options Yield :  3.76%
----------------------------   --------------------- -------------------------------   -----------
    Commission if Exercised :  $0.00
Cost Basis if Exercised :  $136.93 Gain if Exercised :  2.24%

This covered call yields 1.11%, or 3.76% on an annualized basis. The yield on cost of my IBM position is 4.71%, so I'm boosting dividend income by a factor of 0.80. If the option is exercised, I'll sell 100 shares of IBM at a reduced cost basis of $136.93 per share, for capital gains of 2.24%.

#555 : 2020-11-30: Sold to Open 2 Contracts of Option GILD Feb 19 2021 70.00 C

I own 200 shares of Gilead Sciences, Inc (GILD) at a cost basis of $70.64 per share. I'm willing to sell these shares for $70.00 on or before 19 February:

Open Date :  2020-11-30    
Expiration Date :  2021-02-19     Number of Days in Trade :  81
Cost Basis :  $70.64 per share Gain at Strike Price :  -0.91%
Strike Price :  $70.00 per share
Number of Contracts : 2 Number of Shares : 200
Call Premium :  $0.57 per share Options Income :  $114.00
    Commission :  -$0.87
Net Premium :  $0.566 per share Net Options Income :  $113.13
Options Yield :  0.80% Annualized Options Yield :  3.61%
----------------------------   --------------------- -------------------------------   -----------
    Commission if Exercised :  $0.00
Cost Basis if Exercised :  $70.07 Gain if Exercised :  -0.09%

This covered call yields 0.80%, or 3.61% on an annualized basis. The yield on cost of my GILD position is 3.85%, so I'm boosting dividend income by a factor of 0.94. If the options are exercised, I'll sell 200 shares of GILD at a reduced cost basis of $70.07 per share, for capital gains of -0.09%.

#553 : 2020-11-30: Sold to Open 2 Contracts of Option CSCO Mar 19 2021 45.00 C

I own 200 shares of Cisco Systems, Inc (CSCO) at a cost basis of $41.12 per share. I'm willing to sell these shares for $45.00 on or before 19 March:

Open Date :  2020-11-30    
Expiration Date :  2021-03-19     Number of Days in Trade :  109
Cost Basis :  $41.12 per share Gain at Strike Price :  9.44%
Strike Price :  $45.00 per share
Number of Contracts : 2 Number of Shares : 200
Call Premium :  $1.35 per share Options Income :  $270.00
    Commission :  -$0.64
Net Premium :  $1.347 per share Net Options Income :  $269.36
Options Yield :  3.28% Annualized Options Yield :  10.98%
----------------------------   --------------------- -------------------------------   -----------
    Commission if Exercised :  $0.00
Cost Basis if Exercised :  $39.77 Gain if Exercised :  13.16%

This covered call yields 3.28%, or 10.98% on an annualized basis. The yield on cost of my CSCO position is 3.50%, so I'm boosting dividend income by a factor of 3.13. If the options are exercised, I'll sell 200 shares of CSCO at a reduced cost basis of $39.77 per share, for capital gains of 13.16%.

For covered calls, I think an achievable goal is to earn double the dividend yield. Two of these covered call trades achieve this goal, and two do 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 November:

#561 2020-11-30 : -2 × XOM 15 Jan 2021 $35.00 P  $       128.00  ( $          -1.47 )  
#560 2020-11-30 : -1 × TXN 19 Mar 2021 $125.00 P  $       164.00  ( $          -0.79 )  
#559 2020-11-30 : -1 × ORCL 19 Feb 2021 $52.50 P  $       103.00  ( $          -0.79 )
#557 2020-11-30 : -1 × LLY 15 Jan 2021 $130.00 P  $       140.00  ( $          -0.79 )
#554 2020-11-30 : -1 × D 16 Apr 2021 $67.50 P  $       112.00  ( $          -0.24 )
#552 2020-11-27 : -3 × AFL 19 Feb 2021 $35.00 P  $       105.00  ( $          -0.34 )


#561 : 2020-11-30: Sold to Open 2 Contracts of Option XOM Jan 15 2021 35.00 P

I'm willing to buy 200 shares of Exxon Mobil Corporation (XOM) for $35.00 per share on or before 15 January 2021. XOM closed at $38.13 per share on the date of my trade:

Open Date :  2020-11-30    
Expiration Date :  2021-01-15     Number of Days in Trade :  46
Price at Close :  $38.13 per share Discount at Strike Price :  8.21%
Strike Price :  $35.00 per share
Number of Contracts : 2 Number of Shares : 200
Put Premium :  $0.64 per share Options Income :  $128.00
    Commission :  -$1.47
Net Premium :  $0.633 per share Net Options Income :  $126.53
Options Yield :  1.66% Annualized Options Yield :  13.17%
----------------------------   --------------------- -------------------------------   -----------
    Commission if Exercised :  $0.00
Cost Basis if Exercised :  $34.35 Discount if Exercised :  9.91%

This put option trade yields 1.66%, or 13.17% on an annualized basis. At $38.13 per share, XOM yields 9.13%, so I'm boosting dividend income by a factor of 1.44. If the options are exercised, I'll buy 200 shares at a cost basis of $34.35 per share, a discount of 9.91%.

#560 : 2020-11-30: Sold to Open 1 Contract of Option TXN Mar 19 2021 125.00 P

I'm willing to buy 100 shares of Texas Instruments Incorporated (TXN) for $125.00 per share on or before 19 March 2021. TXN closed at $161.25 per share on the date of my trade:

Open Date :  2020-11-30    
Expiration Date :  2021-03-19     Number of Days in Trade :  109
Price at Close :  $161.25 per share Discount at Strike Price :  22.48%
Strike Price :  $125.00 per share
Number of Contracts : 1 Number of Shares : 100
Put Premium :  $1.64 per share Options Income :  $164.00
    Commission :  -$0.79
Net Premium :  $1.632 per share Net Options Income :  $163.21
Options Yield :  1.01% Annualized Options Yield :  3.39%
----------------------------   --------------------- -------------------------------   -----------
    Commission if Exercised :  $0.00
Cost Basis if Exercised :  $123.35 Discount if Exercised :  23.50%

This put option trade yields 1.01%, or 3.39% on an annualized basis. At $161.25 per share, TXN yields 2.53%, so I'm boosting dividend income by a factor of 1.34. If the option is exercised, I'll buy 100 shares at a cost basis of $123.35 per share, a discount of 23.50%.

#559 : 2020-11-30: Sold to Open 1 Contract of Option ORCL Feb 19 2021 52.50 P

I'm willing to buy 100 shares of Oracle Corporation (ORCL) for $52.50 per share on or before 19 February 2021. ORCL closed at $57.72 per share on the date of my trade:

Open Date :  2020-11-30    
Expiration Date :  2021-02-19     Number of Days in Trade :  81
Price at Close :  $57.72 per share Discount at Strike Price :  9.04%
Strike Price :  $52.50 per share
Number of Contracts : 1 Number of Shares : 100
Put Premium :  $1.03 per share Options Income :  $103.00
    Commission :  -$0.79
Net Premium :  $1.022 per share Net Options Income :  $102.21
Options Yield :  1.77% Annualized Options Yield :  7.98%
----------------------------   --------------------- -------------------------------   -----------
    Commission if Exercised :  $0.00
Cost Basis if Exercised :  $51.46 Discount if Exercised :  10.84%

This put option trade yields 1.77%, or 7.98% on an annualized basis. At $57.72 per share, ORCL yields 1.66%, so I'm boosting dividend income by a factor of 4.80. If the option is exercised, I'll buy 100 shares at a cost basis of $51.46 per share, a discount of 10.84%.

#557 : 2020-11-30: Sold to Open 1 Contract of Option LLY Jan 15 2021 130.00 P

I'm willing to buy 100 shares of Eli Lilly and Company (LLY) for $130.00 per share on or before 15 January 2021. LLY closed at $145.65 per share on the date of my trade:

Open Date :  2020-11-30    
Expiration Date :  2021-01-15     Number of Days in Trade :  46
Price at Close :  $145.65 per share Discount at Strike Price :  10.74%
Strike Price :  $130.00 per share
Number of Contracts : 1 Number of Shares : 100
Put Premium :  $1.40 per share Options Income :  $140.00
    Commission :  -$0.79
Net Premium :  $1.392 per share Net Options Income :  $139.21
Options Yield :  0.96% Annualized Options Yield :  7.59%
----------------------------   --------------------- -------------------------------   -----------
    Commission if Exercised :  $0.00
Cost Basis if Exercised :  $128.59 Discount if Exercised :  11.71%

This put option trade yields 0.96%, or 7.59% on an annualized basis. At $145.65 per share, LLY yields 2.03%, so I'm boosting dividend income by a factor of 3.73. If the option is exercised, I'll buy 100 shares at a cost basis of $128.59 per share, a discount of 11.71%.

#554 : 2020-11-30: Sold to Open 1 Contract of Option D Apr 16 2021 67.50 P

I'm willing to buy 100 shares of Dominion Energy, Inc (D) for $67.50 per share on or before 16 April 2021. D closed at $77.87 per share on the date of my trade:

Open Date :  2020-11-30    
Expiration Date :  2021-04-16     Number of Days in Trade :  137
Price at Close :  $77.87 per share Discount at Strike Price :  13.32%
Strike Price :  $67.50 per share
Number of Contracts : 1 Number of Shares : 100
Put Premium :  $1.12 per share Options Income :  $112.00
    Commission :  -$0.24
Net Premium :  $1.118 per share Net Options Income :  $111.76
Options Yield :  1.44% Annualized Options Yield :  3.83%
----------------------------   --------------------- -------------------------------   -----------
    Commission if Exercised :  $0.00
Cost Basis if Exercised :  $66.38 Discount if Exercised :  14.76%

This put option trade yields 1.44%, or 3.83% on an annualized basis. At $77.87 per share, D yields 3.24%, so I'm boosting dividend income by a factor of 1.18. If the option is exercised, I'll buy 100 shares at a cost basis of $66.38 per share, a discount of 14.76%.

#552 : 2020-11-27: Sold to Open 3 Contracts of Option AFL Feb 19 2021 35.00 P

I'm willing to buy 300 shares of Aflac Incorporated (AFL) for $35.00 per share on or before 19 February 2021. AFL closed at $43.93 per share on the date of my trade:

Open Date :  2020-11-27    
Expiration Date :  2021-02-19     Number of Days in Trade :  84
Price at Close :  $43.93 per share Discount at Strike Price :  20.33%
Strike Price :  $35.00 per share
Number of Contracts : 3 Number of Shares : 300
Put Premium :  $0.35 per share Options Income :  $105.00
    Commission :  -$0.34
Net Premium :  $0.349 per share Net Options Income :  $104.66
Options Yield :  0.79% Annualized Options Yield :  3.45%
----------------------------   --------------------- -------------------------------   -----------
    Commission if Exercised :  $0.00
Cost Basis if Exercised :  $34.65 Discount if Exercised :  21.13%

This put option trade yields 0.79%, or 3.45% on an annualized basis. At $43.93 per share, AFL yields 2.55%, so I'm boosting dividend income by a factor of 1.35. If the options are exercised, I'll buy 300 shares at a cost basis of $34.65 per share, a discount of 21.13%.

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 but one of these put trades measure up to that criterium!

Options Income Tally


Here is a running tally of the total amount received from options trades and 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 

ID DATE : NO × TICKER OPTION INCOME ( EXPENSES ) ROLLED TOTAL ➤ SECURED
#561 2020-11-30 : -2 × XOM 15 Jan 2021 $35.00 P  $       128.00  ( $          -1.47 ) $    87,920.50  ➤ $    55,837.50 
#560 2020-11-30 : -1 × TXN 19 Mar 2021 $125.00 P  $       164.00  ( $          -0.79 ) $    87,793.97  ➤ $    55,838.97 
#559 2020-11-30 : -1 × ORCL 19 Feb 2021 $52.50 P  $       103.00  ( $          -0.79 ) $    87,630.76  ➤ $    55,839.76 
#558 2020-11-30 : -1 × LOW 15 Jan 2021 $170.00 C  $       120.00  ( $          -0.79 ) $    87,528.55  ➤ $    55,840.55 
#557 2020-11-30 : -1 × LLY 15 Jan 2021 $130.00 P  $       140.00  ( $          -0.79 ) $    87,409.34  ➤ $    55,841.34 
#556 2020-11-30 : -1 × IBM 18 Mar 2021 $140.00 C  $       155.00  ( $          -1.09 ) $    87,270.13  ➤ $    55,842.13 
#555 2020-11-30 : -2 × GILD 19 Feb 2021 $70.00 C  $       114.00  ( $          -0.87 ) $    87,116.22  ➤ $    55,843.22 
#554 2020-11-30 : -1 × D 16 Apr 2021 $67.50 P  $       112.00  ( $          -0.24 ) $    87,003.09  ➤ $    55,844.09 
#553 2020-11-30 : -2 × CSCO 19 Mar 2021 $45.00 C  $       270.00  ( $          -0.64 ) $    86,891.33  ➤ $    55,844.33 
#552 2020-11-27 : -3 × AFL 19 Feb 2021 $35.00 P  $       105.00  ( $          -0.34 ) $    86,621.97  ➤ $    55,844.97 
#551 2020-11-19 : -2 × BEN 18 Dec 2020 $20.00 P  $         91.00  ( $          -0.27 ) $    86,517.31  ➤ $    55,845.31 
#550 2020-10-21 : -2 × O 18 Dec 2020 $60.00 P  $       670.00  ( $          -0.69 ) $    86,426.58  ➤ $    55,845.58 
#549 2020-10-21 : -2 × AFL 20 Nov 2020 $37.00 P  $       344.00  ( $          -0.68 ) $    85,757.27  ➤ $    55,846.27 
#548 2020-10-19 : -1 × SPG 18 Dec 2020 $50.00 P  $       162.00  ( $          -0.88 ) $    85,413.95  ➤ $    55,502.95 
#547 2020-10-19 : -1 × RY 18 Dec 2020 $75.00 C  $       160.00  ( $          -0.34 ) $    85,252.83  ➤ $    55,503.83 
#546 2020-10-19 : -1 × MCD 18 Dec 2020 $200.00 P  $       215.00  ( $          -1.09 ) $    85,093.17  ➤ $    55,504.17 
#545 2020-10-19 : -1 × LOW 18 Dec 2020 $150.00 P  $       220.00  ( $          -0.79 ) $    84,879.26  ➤ $    55,505.26 
#544 2020-10-19 : -1 × D 18 Dec 2020 $85.00 C  $       115.00  ( $      -172.42 ) $    84,660.05  ➤ $    55,506.05 
#543 2020-10-19 : -2 × CMCSA 15 Jan 2021 $40.00 P  $       190.00  ( $          -0.88 ) $    84,717.47  ➤ $    55,563.47 
#542 2020-10-16 : -2 × PSX 15 Jan 2021 $50.00 P  $       890.00  ( $          -0.69 ) $    84,528.35  ➤ $    55,564.35 
#541 2020-10-16 : -1 × CVX 18 Dec 2020 $70.00 P  $       352.00  ( $          -0.64 ) $    83,639.04  ➤ $    55,565.04 
#540 2020-10-16 : -2 × CMCSA 18 Dec 2020 $50.00 C  $       140.00  ( $          -0.72 ) $    83,287.68  ➤ $    55,565.68 
#539 2020-10-16 : -2 × CMCSA 18 Dec 2020 $47.50 C  $       202.00  ( $          -0.88 ) $    83,148.40  ➤ $    55,566.40 
#538 2020-10-14 : -2 × WBA 15 Jan 2021 $35.00 P  $       515.00  ( $          -0.73 ) $    82,947.28  ➤ $    55,567.28 
#537 2020-09-29 : -1 × LOW 20 Nov 2020 $170.00 C  $       575.00  ( $          -0.67 ) $    82,433.01  ➤ $    55,568.01 
#536 2020-09-29 : -2 × KO 18 Dec 2020 $55.00 C  $         98.00  ( $          -0.87 ) $    81,858.68  ➤ $    54,993.68 
#535 2020-09-29 : -1 × INTC 15 Jan 2021 $60.00 C  $       102.00  ( $          -1.09 ) $    81,761.55  ➤ $    54,994.55 
#534 2020-09-29 : -1 × IBM 20 Nov 2020 $135.00 C  $       105.00  ( $          -1.09 ) $    81,660.64  ➤ $    54,995.64 
#533 2020-09-29 : -2 × GILD 20 Nov 2020 $70.00 C  $       154.00  ( $          -0.88 ) $    81,556.73  ➤ $    54,891.73 
#532 2020-09-29 : -2 × CSCO 20 Nov 2020 $42.00 C  $       162.00  ( $          -2.48 ) $    81,403.61  ➤ $    54,738.61 
#531 2020-09-29 : -2 × BNS 18 Dec 2020 $45.00 C  $       100.00  ( $          -0.03 ) $    81,244.09  ➤ $    54,579.09 
#530 2020-09-29 : -1 × BMY 18 Dec 2020 $65.00 C  $       115.00  ( $          -0.79 ) $    81,144.12  ➤ $    54,579.12 
#529 2020-09-29 : -1 × AFL 15 Jan 2021 $40.00 C  $       100.00  ( $          -1.09 ) $    81,029.91  ➤ $    54,579.91 
#528 2020-09-29 : -1 × ADP 15 Jan 2021 $160.00 C  $       185.00  ( $          -1.09 ) $    80,931.00  ➤ $    54,581.00 
#527 2020-09-29 : -3 × ADM 18 Dec 2020 $50.00 C  $       300.00  ( $          -2.21 ) $    80,747.09  ➤ $    54,582.09 
#526 2020-09-21 : -2 × WFC 18 Dec 2020 $20.00 P  $       136.00  ( $          -0.87 ) $    80,449.30  ➤ $    54,584.30 
#525 2020-09-21 : -2 × PSX 15 Jan 2021 $75.00 C  $       164.00  ( $          -0.68 ) $    80,314.17  ➤ $    54,585.17 
#524 2020-09-21 : -1 × PM 18 Dec 2020 $80.00 C  $       230.00  ( $          -0.79 ) $    80,150.85  ➤ $    54,585.85 
#523 2020-09-21 : -2 × PEG 18 Dec 2020 $45.00 P  $       230.00  ( $          -0.22 ) $    79,921.64  ➤ $    54,586.64 
#522 2020-09-21 : -1 × ORCL 20 Nov 2020 $55.00 P  $       118.00  ( $          -0.79 ) $    79,691.86  ➤ $    54,586.86 
#521 2020-09-21 : -1 × LYB 18 Dec 2020 $65.00 P  $       400.00  ( $          -0.24 ) $    79,574.65  ➤ $    54,469.65 
#520 2020-08-31 : -2 × EMR 18 Dec 2020 $57.50 P  $       284.00  ( $          -0.66 ) $    79,174.89  ➤ $    54,469.89 
#519 2020-08-27 : -2 × LLY 20 Nov 2020 $125.00 P  $       365.00  ( $          -1.60 ) $    78,891.55  ➤ $    54,470.55 
#518 2020-08-24 : -2 × CMCSA 16 Oct 2020 $40.00 P  $       112.00  ( $          -0.89 ) $    78,528.15  ➤ $    54,107.15 
#517 2020-08-24 : -2 × AFL 20 Nov 2020 $32.50 P  $       180.00  ( $        -74.87 ) → #549 $    78,417.04  ➤ $    53,996.04 
#516 2020-08-21 : -2 × XOM 20 Nov 2020 $35.00 P  $       218.00  ( $          -0.90 ) $    78,311.91  ➤ $    53,890.91 
#515 2020-08-21 : -2 × XEL 18 Dec 2020 $60.00 P  $       266.00  ( $          -1.40 ) $    78,094.81  ➤ $    53,673.81 
#514b 2020-08-21 : -1 × WBA 16 Oct 2020 $37.50 P  $       105.67  ( $          -0.73 ) $    77,830.21  ➤ $    53,675.21 
#514a 2020-08-21 : -2 × WBA 16 Oct 2020 $37.50 P  $       211.33  ( $      -427.17 ) → #538 $    77,725.27  ➤ $    53,570.27 
#513 2020-08-21 : -1 × TXN 20 Nov 2020 $105.00 P  $       125.00  ( $          -0.65 ) $    77,941.11  ➤ $    53,786.11 
#512 2020-08-21 : -1 × SPG 16 Oct 2020 $60.00 P  $       420.00  ( $          -0.68 ) $    77,816.76  ➤ $    53,661.76 
#511 2020-08-21 : -2 × PSX 16 Oct 2020 $55.00 P  $       370.00  ( $      -730.87 ) → #542 $    77,397.44  ➤ $    53,242.44 
#510 2020-08-21 : -1 × O 18 Dec 2020 $50.00 P  $       135.00  ( $        -55.69 ) → #550 $    77,758.31  ➤ $    53,603.31 
#509 2020-08-21 : -1 × O 18 Dec 2020 $50.00 P  $       132.00  ( $        -56.04 ) → #550 $    77,678.99  ➤ $    53,523.99 
#508 2020-08-21 : -1 × NKE 16 Oct 2020 $95.00 P  $       117.00  ( $          -1.59 ) $    77,603.03  ➤ $    53,448.03 
#507 2020-08-21 : -2 × MSFT 15 Jan 2021 $155.00 P  $       558.00  ( $          -0.90 ) $    77,487.62  ➤ $    53,332.62 
#506 2020-08-21 : -1 × JNJ 15 Jan 2021 $120.00 P  $       136.00  ( $          -0.80 ) $    76,930.52  ➤ $    53,333.52 
#505 2020-08-21 : -1 × CVX 16 Oct 2020 $75.00 P  $       159.00  ( $      -153.73 ) → #541 $    76,795.32  ➤ $    53,334.32 
#504 2020-08-21 : -4 × AAPL 15 Jan 2021 $75.00 P  $       371.00  ( $          -0.65 ) $    76,790.05  ➤ $    53,329.05 
#503 2020-08-21 : -8 × AAPL 15 Jan 2021 $75.00 P  $       731.00  ( $          -1.21 ) $    76,419.70  ➤ $    53,329.70 
#502 2020-07-24 : -5 × T 15 Jan 2021 $35.00 C  $       232.00  ( $          -2.48 ) $    75,689.91  ➤ $    53,330.91 
#501 2020-07-24 : -1 × RY 16 Oct 2020 $75.00 C  $       110.00  ( $          -1.10 ) $    75,460.39  ➤ $    53,333.39 
#500 2020-07-24 : -2 × PSX 20 Nov 2020 $85.00 C  $       190.00  ( $        -24.67 ) → #525 $    75,351.49  ➤ $    53,224.49 
#499 2020-07-24 : -1 × PM 18 Sep 2020 $80.00 C  $       162.00  ( $          -1.10 ) $    75,186.16  ➤ $    53,059.16 
#498 2020-07-24 : -3 × PFE 18 Dec 2020 $45.00 C  $       210.00  ( $          -1.34 ) $    75,025.26  ➤ $    52,898.26 
#497 2020-07-24 : -2 × MO 15 Jan 2021 $50.00 C  $       130.00  ( $          -0.89 ) $    74,816.60  ➤ $    52,899.60 
#496 2020-07-24 : -1 × MCD 16 Oct 2020 $165.00 P  $       162.00  ( $          -0.80 ) $    74,687.49  ➤ $    52,900.49 
#495 2020-07-23 : -2 × WFC 15 Jan 2021 $32.50 C  $       220.00  ( $          -0.90 ) $    74,526.29  ➤ $    52,739.29 
#494 2020-07-23 : -2 × TJX 15 Jan 2021 $65.00 C  $       310.00  ( $          -1.40 ) $    74,307.19  ➤ $    52,740.19 
#493 2020-07-23 : -1 × SPG 15 Jan 2021 $100.00 C  $       232.00  ( $          -0.80 ) $    73,998.59  ➤ $    52,741.59 
#492 2020-07-23 : -1 × ROST 15 Jan 2021 $120.00 C  $       150.00  ( $          -1.10 ) $    73,767.39  ➤ $    52,742.39 
#491 2020-07-23 : -1 × PEG 18 Sep 2020 $55.00 P  $       360.00  ( $          -0.30 ) $    73,618.49  ➤ $    52,743.49 
#490 2020-07-23 : -1 × LYB 18 Sep 2020 $60.00 P  $       225.00  ( $          -0.35 ) $    73,258.79  ➤ $    52,383.79 
#489 2020-07-23 : -1 × LOW 16 Oct 2020 $125.00 P  $       222.00  ( $          -0.80 ) $    73,034.14  ➤ $    52,159.14 
#488 2020-07-23 : -2 × DIS 15 Jan 2021 $150.00 C  $       390.00  ( $          -0.90 ) $    72,812.94  ➤ $    51,937.94 
#487 2020-07-23 : -1 × D 16 Oct 2020 $85.00 C  $       164.00  ( $          -1.10 ) $    72,423.84  ➤ $    51,938.84 
#486 2020-07-23 : -2 × CMCSA 16 Oct 2020 $47.50 C  $       108.00  ( $          -2.89 ) → #539 $    72,260.94  ➤ $    51,775.94 
#485 2020-07-16 : -2 × TROW 15 Jan 2021 $135.00 C  $    2,202.00  ( $          -0.34 ) $    72,155.83  ➤ $    51,670.83 
#484 2020-06-30 : -1 × PEG 17 Jul 2020 $50.00 P  $       185.00  ( $          -0.35 ) $    69,954.17  ➤ $    51,671.17 
#483 2020-06-25 : -2 × PEG 21 Aug 2020 $45.00 P  $       380.00  ( $          -0.20 ) $    69,769.52  ➤ $    51,486.52 
#482 2020-06-25 : -1 × LYB 17 Jul 2020 $61.00 P  $       335.00  ( $          -0.25 ) $    69,389.72  ➤ $    51,106.72 
#481 2020-06-23 : -2 × WFC 18 Sep 2020 $22.50 P  $       188.00  ( $          -0.90 ) $    69,054.97  ➤ $    50,771.97 
#480 2020-06-23 : -3 × WBA 21 Aug 2020 $40.00 P  $       489.00  ( $      -110.52 ) → #514 $    68,867.87  ➤ $    50,584.87 
#479 2020-06-23 : -3 × CMCSA 21 Aug 2020 $32.50 P  $       132.00  ( $          -1.34 ) $    68,489.39  ➤ $    50,206.39 
#478 2020-06-23 : -2 × AFL 21 Aug 2020 $35.00 P  $       390.00  ( $          -0.90 ) $    68,358.73  ➤ $    50,075.73 
#477 2020-06-22 : -2 × XEL 16 Oct 2020 $55.00 P  $       260.00  ( $        -47.59 ) → #515 $    67,969.63  ➤ $    49,686.63 
#476 2020-06-22 : -1 × WMT 18 Dec 2020 $100.00 P  $       240.00  ( $          -0.80 ) $    67,757.22  ➤ $    49,474.22 
#475 2020-06-22 : -1 × ORCL 18 Sep 2020 $50.00 P  $       148.00  ( $          -0.80 ) $    67,518.02  ➤ $    49,475.02 
#474 2020-06-22 : -1 × O 18 Sep 2020 $50.00 P  $       180.00  ( $        -17.94 ) → #510 $    67,370.82  ➤ $    49,327.82 
#473 2020-06-22 : -1 × HRL 18 Dec 2020 $40.00 P  $       105.00  ( $          -0.35 ) $    67,208.76  ➤ $    49,165.76 
#472 2020-06-16 : -2 × MSFT 16 Oct 2020 $145.00 P  $       462.00  ( $        -88.37 ) → #507 $    67,104.11  ➤ $    49,166.11 
#471 2020-06-16 : -8 × AAPL 18 Sep 2020 $62.50 P  $       560.00  ( $        -31.09 ) → #503 $    66,730.48  ➤ $    48,792.48 
#470 2020-05-28 : -3 × CMCSA 17 Jul 2020 $35.00 P  $       150.00  ( $          -2.21 ) $    66,201.57  ➤ $    48,263.57 
#469 2020-04-17 : -1 × TXN 18 Sep 2020 $95.00 P  $       660.00  ( $          -6.30 ) → #513 $    66,053.78  ➤ $    48,115.78 
#468 2020-04-17 : -1 × LOW 17 Jul 2020 $90.00 P  $       702.00  ( $          -0.66 ) $    65,400.08  ➤ $    47,462.08 
#467 2020-03-19 : -1 × SPG 15 May 2020 $40.00 P  $       560.00  ( $          -0.81 ) $    64,698.74  ➤ $    46,760.74 
#466 2020-03-19 : -1 × O 19 Jun 2020 $37.50 P  $       350.00  ( $          -0.30 ) $    64,139.55  ➤ $    46,201.55 
#465 2020-03-19 : -1 × NNN 19 Jun 2020 $22.50 P  $       190.00  ( $          -0.30 ) $    63,789.85  ➤ $    45,851.85 
#464 2020-03-19 : -2 × MAIN 17 Apr 2020 $15.00 P  $       380.00  ( $            0.00 ) $    63,600.15  ➤ $    45,662.15 
#463 2020-03-18 : -1 × HRL 15 Jan 2021 $52.50 C  $       520.00  ( $          -0.25 ) $    63,220.15  ➤ $    45,282.15 
#462 2020-03-16 : -3 × TJX 15 Jan 2021 $45.00 P  $    2,450.00  ( $          -1.83 ) $    62,700.40  ➤ $    45,282.40 
#461 2020-03-16 : -2 × SBUX 15 Jan 2021 $65.00 P  $    2,603.00  ( $          -1.35 ) $    60,252.23  ➤ $    45,284.23 
#460 2020-03-16 : -1 × MMM 15 Jan 2021 $130.00 P  $    2,344.00  ( $          -0.70 ) $    57,650.58  ➤ $    45,285.58 
#459 2020-03-16 : -2 × ICE 15 Jan 2021 $75.00 P  $    2,235.00  ( $          -0.63 ) $    55,307.28  ➤ $    45,286.28 
#458 2020-03-09 : -1 × LYB 15 Jan 2021 $70.00 P  $    1,590.00  ( $   -3,100.61 ) $    53,072.91  ➤ $    45,286.91 
#457 2020-03-09 : -1 × HRL 19 Jun 2020 $40.00 P  $       155.00  ( $          -0.35 ) $    54,583.52  ➤ $    46,797.52 
#456b 2020-03-09 : -2 × BEN 20 Nov 2020 $22.50 P  $       910.67  ( $      -352.23 ) → #551 $    54,428.87  ➤ $    46,642.87 
#456a 2020-03-09 : -1 × BEN 20 Nov 2020 $22.50 P  $       455.33  ( $          -0.48 ) $    53,870.43  ➤ $    46,084.43 
#455 2020-03-02 : -1 × UNP 15 May 2020 $145.00 P  $       535.00  ( $          -0.81 ) $    53,415.58  ➤ $    45,629.58 
#454 2020-03-02 : -1 × SBUX 17 Apr 2020 $70.00 P  $       111.00  ( $      -978.44 ) → #461 $    52,881.39  ➤ $    45,095.39 
#453 2020-02-11 : -1 × MSFT 15 Jan 2021 $155.00 P  $       633.00  ( $          -1.11 ) $    53,748.83  ➤ $    45,962.83 
#452 2020-02-11 : -1 × INTC 15 Jan 2021 $50.00 P  $       139.00  ( $          -0.80 ) $    53,116.94  ➤ $    45,963.94 
#451 2020-02-11 : -1 × AAPL 15 Jan 2021 $255.00 P  $       865.00  ( $      -221.74 ) → #504 $    52,978.74  ➤ $    45,964.74 
#450 2020-01-21 : -1 × TXN 17 Apr 2020 $115.00 P  $       128.00  ( $      -306.44 ) → #469 $    52,335.48  ➤ $    45,321.48 
#449 2020-01-21 : -2 × TJX 17 Apr 2020 $67.50 C  $       110.00  ( $          -0.01 ) $    52,513.92  ➤ $    45,499.92 
#448 2020-01-21 : -2 × ORCL 19 Jun 2020 $47.50 P  $       150.00  ( $          -1.49 ) $    52,403.93  ➤ $    45,389.93 
#447 2020-01-21 : -2 × GILD 15 May 2020 $55.00 P  $       162.00  ( $          -0.89 ) $    52,255.42  ➤ $    45,241.42 
#446 2020-01-21 : -2 × CSX 15 May 2020 $67.50 P  $       240.00  ( $   -3,201.79 ) $    52,094.31  ➤ $    45,080.31 
#445 2020-01-15 : -2 × KO 18 Sep 2020 $55.00 C  $       717.00  ( $          -9.85 ) $    55,056.10  ➤ $    48,042.10 
#444 2020-01-15 : -1 × D 17 Jul 2020 $82.50 C  $       267.00  ( $          -0.30 ) $    54,348.95  ➤ $    47,334.95 
#443 2020-01-15 : -2 × CMCSA 17 Jul 2020 $47.50 C  $       402.00  ( $          -1.50 ) $    54,082.25  ➤ $    47,068.25 
#442 2020-01-15 : -3 × BEN 17 Jul 2020 $27.50 P  $       978.00  ( $   -2,502.74 ) → #456 $    53,681.75  ➤ $    46,667.75 
#441 2020-01-08 : -5 × T 21 Jan 2022 $40.00 C  $    1,452.00  ( $      -289.58 ) → #502 $    55,206.49  ➤ $    48,192.49 
#440 2019-12-18 : -2 × XEL 19 Jun 2020 $55.00 P  $       150.00  ( $          -0.21 ) $    54,044.07  ➤ $    47,030.07 
#439 2019-12-18 : -1 × TSM 21 Jan 2022 $60.00 C  $       808.00  ( $          -0.31 ) $    53,894.28  ➤ $    46,880.28 
#438 2019-12-18 : -2 × TJX 17 Apr 2020 $55.00 P  $       174.00  ( $   -2,476.67 ) → #462 $    53,086.59  ➤ $    46,880.59 
#437 2019-12-18 : -1 × SBUX 21 Feb 2020 $85.00 P  $       187.00  ( $          -0.80 ) $    55,389.26  ➤ $    49,183.26 
#436 2019-12-18 : -1 × PSX 21 Feb 2020 $110.00 P  $       270.00  ( $          -0.35 ) $    55,203.06  ➤ $    48,997.06 
#435 2019-12-18 : -1 × LYB 20 Mar 2020 $80.00 P  $       120.00  ( $   -1,755.58 ) → #458 $    54,933.41  ➤ $    48,727.41 
#434 2019-12-18 : -1 × ICE 19 Jun 2020 $85.00 P  $       195.00  ( $   -1,285.58 ) → #459 $    56,568.99  ➤ $    50,362.99 
#433 2019-12-18 : -2 × HRL 20 Mar 2020 $40.00 P  $       104.00  ( $        -19.90 ) $    57,659.57  ➤ $    51,453.57 
#432 2019-12-18 : -1 × AMT 17 Apr 2020 $180.00 P  $       200.00  ( $          -0.35 ) $    57,575.47  ➤ $    51,369.47 
#431 2019-12-18 : -1 × ABT 15 May 2020 $75.00 P  $       117.00  ( $          -0.80 ) $    57,375.82  ➤ $    51,169.82 
#430 2019-12-12 : -2 × TROW 17 Jul 2020 $120.00 C  $    2,209.00  ( $   -2,601.93 ) → #485 $    57,259.62  ➤ $    51,053.62 
#429 2019-11-27 : -1 × SBUX 17 Apr 2020 $77.50 P  $       158.00  ( $   -1,543.17 ) → #461 $    57,652.55  ➤ $    51,446.55 
#428 2019-11-26 : -1 × WMT 19 Jun 2020 $100.00 P  $       158.00  ( $          -0.65 ) $    59,037.72  ➤ $    52,831.72 
#427 2019-11-26 : -1 × V 20 Mar 2020 $155.00 P  $       127.00  ( $        -11.19 ) $    58,880.37  ➤ $    52,674.37 
#426 2019-11-26 : -1 × UNP 21 Feb 2020 $160.00 P  $       217.00  ( $          -0.80 ) $    58,764.56  ➤ $    52,558.56 
#425 2019-11-26 : -1 × NKE 17 Apr 2020 $77.50 P  $       102.00  ( $          -1.10 ) $    58,548.36  ➤ $    52,342.36 
#424 2019-11-26 : -1 × MSFT 20 Mar 2020 $130.00 P  $       119.00  ( $          -8.37 ) $    58,447.46  ➤ $    52,241.46 
#423 2019-11-26 : -1 × MRK 17 Apr 2020 $75.00 P  $       107.00  ( $          -0.80 ) $    58,336.83  ➤ $    52,130.83 
#422 2019-11-26 : -1 × MMM 17 Apr 2020 $160.00 P  $    3,441.00  ( $          -1.45 ) → #460 $    58,230.63  ➤ $    52,024.63 
#421 2019-11-26 : -1 × MCD 20 Mar 2020 $170.00 P  $       126.00  ( $        -10.32 ) $    54,791.08  ➤ $    48,585.08 
#420 2019-11-26 : -1 × LOW 17 Apr 2020 $95.00 P  $       111.00  ( $        -41.44 ) → #468 $    54,675.40  ➤ $    48,469.40 
#419 2019-11-26 : -1 × LLY 17 Apr 2020 $100.00 P  $       140.00  ( $        -10.74 ) $    54,605.84  ➤ $    48,399.84 
#418 2019-11-26 : -1 × JNJ 20 Mar 2020 $120.00 P  $       115.00  ( $          -9.89 ) $    54,476.58  ➤ $    48,270.58 
#417 2019-11-26 : -1 × ICE 19 Jun 2020 $80.00 P  $       133.00  ( $   -1,000.59 ) → #459 $    54,371.47  ➤ $    48,165.47 
#416 2019-11-13 : -2 × XOM 17 Apr 2020 $75.00 C  $       194.00  ( $        -11.74 ) $    55,239.06  ➤ $    49,033.06 
#415 2019-11-13 : -1 × WFC 19 Jun 2020 $60.00 C  $       112.00  ( $        -10.19 ) $    55,056.80  ➤ $    48,850.80 
#414 2019-11-13 : -1 × TXN 17 Jan 2020 $110.00 P  $       144.00  ( $          -1.10 ) $    54,954.99  ➤ $    48,748.99 
#413 2019-11-13 : -5 × SKT 19 Jun 2020 $20.00 C  $       120.00  ( $        -30.70 ) $    54,812.09  ➤ $    48,606.09 
#412 2019-11-13 : -1 × PM 19 Jun 2020 $100.00 C  $       102.00  ( $          -0.65 ) $    54,722.79  ➤ $    48,516.79 
#411 2019-11-13 : -1 × JNJ 20 Mar 2020 $140.00 C  $       163.00  ( $          -0.65 ) $    54,621.44  ➤ $    48,415.44 
#410 2019-11-13 : -1 × IBM 17 Apr 2020 $120.00 P  $       269.00  ( $        -10.59 ) $    54,459.09  ➤ $    48,253.09 
#409 2019-11-13 : -2 × ABBV 15 Jan 2021 $90.00 C  $    1,310.00  ( $          -1.52 ) $    54,200.68  ➤ $    47,994.68 
#408 2019-10-18 : -2 × TSM 15 Jan 2021 $50.00 C  $    1,083.00  ( $            0.00 ) $    52,892.20  ➤ $    47,996.20 
#407 2019-10-18 : -2 × TROW 20 Dec 2019 $115.00 C  $       339.00  ( $   -2,090.59 ) → #430 $    51,809.20  ➤ $    47,996.20 
#406 2019-10-18 : -2 × TJX 17 Jan 2020 $65.00 C  $       188.00  ( $            0.00 ) $    53,560.79  ➤ $    49,747.79 
#405 2019-10-18 : -1 × ADM 20 Mar 2020 $45.00 C  $         53.00  ( $          -1.10 ) $    53,372.79  ➤ $    49,559.79 
#404 2019-10-01 : -1 × TJX 17 Apr 2020 $50.00 P  $       180.00  ( $      -802.24 ) → #462 $    53,320.89  ➤ $    49,507.89 
#403 2019-10-01 : -1 × SNA 15 Nov 2019 $145.00 P  $       260.00  ( $          -0.35 ) $    53,943.13  ➤ $    50,130.13 
#402 2019-10-01 : -3 × PFE 20 Mar 2020 $40.00 C  $       132.00  ( $          -1.13 ) $    53,683.48  ➤ $    49,870.48 
#401 2019-10-01 : -1 × MRK 15 Nov 2019 $80.00 P  $       127.00  ( $          -1.58 ) $    53,552.61  ➤ $    49,739.61 
#400 2019-10-01 : -1 × MDT 17 Jan 2020 $100.00 P  $       196.00  ( $          -0.80 ) $    53,427.19  ➤ $    49,614.19 
#399 2019-10-01 : -1 × HRL 20 Mar 2020 $47.50 C  $       125.00  ( $      -280.83 ) → #463 $    53,231.99  ➤ $    49,418.99 
#398 2019-10-01 : -2 × ADM 20 Mar 2020 $45.00 C  $       160.00  ( $          -0.99 ) $    53,387.82  ➤ $    49,574.82 
#397 2019-10-01 : -2 × ADM 15 Nov 2019 $40.00 P  $       228.00  ( $          -1.00 ) $    53,228.81  ➤ $    49,415.81 
#396 2019-09-20 : -1 × ORCL 17 Jan 2020 $52.50 P  $       213.00  ( $          -1.59 ) $    53,001.81  ➤ $    49,188.81 
#395 2019-09-20 : -1 × MSFT 21 Jan 2022 $155.00 C  $    1,490.00  ( $          -0.68 ) $    52,790.40  ➤ $    48,977.40 
#394 2019-09-20 : -2 × MO 20 Mar 2020 $50.00 C  $       120.00  ( $        -20.18 ) $    51,301.08  ➤ $    48,978.08 
#393 2019-09-20 : -2 × MO 15 Jan 2021 $45.00 P  $    2,029.00  ( $   -2,101.77 ) $    51,201.26  ➤ $    48,878.26 
#392 2019-09-20 : -1 × LOW 17 Jan 2020 $125.00 C  $       182.00  ( $          -0.80 ) $    51,274.03  ➤ $    48,951.03 
#391 2019-09-20 : -3 × INTC 15 Nov 2019 $45.00 P  $       129.00  ( $          -3.83 ) $    51,092.83  ➤ $    48,769.83 
#390 2019-09-20 : -2 × INTC 15 Nov 2019 $55.00 C  $       168.00  ( $          -1.59 ) $    50,967.66  ➤ $    48,644.66 
#389 2019-09-20 : -2 × GILD 21 Feb 2020 $75.00 C  $       266.00  ( $        -13.23 ) $    50,801.25  ➤ $    48,478.25 
#388 2019-09-20 : -2 × GILD 17 Jan 2020 $60.00 P  $       270.00  ( $          -2.56 ) $    50,548.48  ➤ $    48,225.48 
#387 2019-09-20 : -2 × CSX 17 Jan 2020 $70.00 P  $       820.00  ( $          -1.80 ) $    50,281.04  ➤ $    47,958.04 
#386 2019-08-16 : -1 × XOM 17 Jan 2020 $80.00 C  $         33.00  ( $          -4.69 ) → #416 $    49,462.84  ➤ $    47,139.84 
#385 2019-08-16 : -1 × DGX 21 Feb 2020 $100.00 C  $       675.00  ( $          -0.31 ) $    49,434.53  ➤ $    47,111.53 
#384 2019-08-14 : -1 × TIF 17 Jan 2020 $85.00 P  $       769.00  ( $          -1.66 ) $    48,759.84  ➤ $    46,436.84 
#383 2019-08-02 : -1 × XOM 18 Oct 2019 $67.50 P  $       135.00  ( $          -0.80 ) $    47,992.50  ➤ $    45,669.50 
#382 2019-08-02 : -1 × VZ 18 Oct 2019 $52.50 P  $       108.00  ( $          -0.96 ) $    47,858.30  ➤ $    45,535.30 
#381 2019-08-02 : -3 × PFE 20 Sep 2019 $40.00 C  $       138.00  ( $          -2.39 ) $    47,751.26  ➤ $    45,428.26 
#380 2019-08-02 : -1 × MRK 20 Sep 2019 $80.00 P  $       110.00  ( $          -1.09 ) $    47,615.65  ➤ $    45,292.65 
#379 2019-08-02 : -1 × MDT 20 Sep 2019 $97.50 P  $       158.00  ( $          -0.80 ) $    47,506.74  ➤ $    45,183.74 
#378 2019-07-25 : -2 × NKE 18 Oct 2019 $75.00 P  $       124.00  ( $          -0.99 ) $    47,349.54  ➤ $    45,026.54 
#377 2019-07-25 : -2 × MS 15 Nov 2019 $42.00 P  $       263.00  ( $          -0.85 ) $    47,226.53  ➤ $    44,903.53 
#376 2019-07-25 : -1 × LLY 17 Jan 2020 $85.00 P  $       106.00  ( $          -7.74 ) → #419 $    46,964.38  ➤ $    44,641.38 
#375 2019-07-25 : -1 × AAPL 18 Oct 2019 $180.00 P  $       180.00  ( $          -0.65 ) $    46,866.12  ➤ $    44,543.12 
#374 2019-07-22 : -1 × XOM 17 Jan 2020 $80.00 C  $       127.00  ( $          -5.32 ) → #416 $    46,686.77  ➤ $    44,363.77 
#373 2019-07-22 : -1 × VLO 20 Dec 2019 $100.00 C  $       105.00  ( $          -0.68 ) $    46,565.09  ➤ $    44,242.09 
#372 2019-07-22 : -2 × TSM 18 Oct 2019 $45.00 C  $       380.00  ( $      -946.30 ) → #408 $    46,460.77  ➤ $    44,137.77 
#371 2019-07-22 : -1 × TRV 18 Oct 2019 $155.00 C  $       255.00  ( $          -0.35 ) $    47,027.07  ➤ $    44,704.07 
#370 2019-07-22 : -1 × DIS 18 Oct 2019 $145.00 C  $       407.00  ( $          -0.80 ) $    46,772.42  ➤ $    44,449.42 
#369 2019-07-22 : -1 × D 17 Jan 2020 $80.00 C  $       175.00  ( $      -236.64 ) → #444 $    46,366.22  ➤ $    44,043.22 
#368b 2019-07-16 : -1 × ORCL 20 Sep 2019 $55.00 P  $         76.00  ( $      -109.07 ) → #396 $    46,427.86  ➤ $    44,104.86 
#368a 2019-07-16 : -1 × ORCL 20 Sep 2019 $55.00 P  $         76.00  ( $          -0.50 ) $    46,460.93  ➤ $    44,137.93 
#367 2019-07-16 : -2 × CSX 20 Sep 2019 $72.50 P  $       150.00  ( $      -548.77 ) → #387 $    46,385.43  ➤ $    44,062.43 
#366 2019-06-28 : -1 × WMT 20 Dec 2019 $100.00 P  $       213.00  ( $          -3.44 ) → #428 $    46,784.20  ➤ $    44,461.20 
#365 2019-06-28 : -1 × UTX 15 Nov 2019 $115.00 P  $       222.00  ( $          -0.80 ) $    46,574.64  ➤ $    44,251.64 
#364 2019-06-28 : -2 × PEP 18 Oct 2019 $110.00 P  $       118.00  ( $          -0.99 ) $    46,353.44  ➤ $    44,030.44 
#363 2019-06-28 : -2 × EMR 20 Dec 2019 $60.00 P  $       374.00  ( $          -9.19 ) $    46,236.43  ➤ $    43,913.43 
#362 2019-06-28 : -2 × CL 15 Nov 2019 $65.00 P  $       248.00  ( $          -1.00 ) $    45,871.62  ➤ $    43,548.62 
#361 2019-06-28 : -3 × BEN 17 Jan 2020 $30.00 P  $       261.00  ( $   -1,413.35 ) → #442 $    45,624.62  ➤ $    43,301.62 
#360 2019-06-28 : -2 × ABBV 15 Nov 2019 $60.00 P  $       224.00  ( $          -1.00 ) $    46,776.97  ➤ $    44,453.97 
#359 2019-06-28 : -1 × TSM 17 Jan 2020 $45.00 C  $       105.00  ( $   -1,380.59 ) → #439 $    46,553.97  ➤ $    44,230.97 
#358 2019-06-28 : -2 × ABBV 15 Nov 2019 $80.00 C  $       303.00  ( $   -1,332.34 ) → #409 $    47,829.56  ➤ $    45,506.56 
#357 2019-06-21 : -3 × GPS 17 Jan 2020 $20.00 C  $       345.00  ( $      -111.72 ) $    48,858.90  ➤ $    46,535.90 
#356 2019-06-21 : -1 × CSCO 18 Oct 2019 $52.50 P  $       120.00  ( $          -1.10 ) $    48,625.62  ➤ $    46,302.62 
#355 2019-05-29 : -2 × MS 16 Aug 2019 $40.00 P  $       262.00  ( $        -18.44 ) → #377 $    48,506.72  ➤ $    46,183.72 
#354 2019-05-28 : -2 × DAL 20 Sep 2019 $50.00 P  $       310.00  ( $          -1.00 ) $    48,263.16  ➤ $    45,940.16 
#353 2019-05-28 : -2 × CMCSA 17 Jan 2020 $45.00 C  $       396.00  ( $      -260.07 ) → #443 $    47,954.16  ➤ $    45,631.16 
#352 2019-05-24 : -3 × SKT 17 Jan 2020 $20.00 C  $       188.00  ( $        -26.08 ) → #413 $    47,818.23  ➤ $    45,495.23 
#351 2019-05-22 : -2 × SKT 17 Jan 2020 $20.00 C  $       112.00  ( $        -16.78 ) → #413 $    47,656.31  ➤ $    45,333.31 
#350 2019-05-22 : -2 × GIS 19 Jul 2019 $50.00 P  $       176.00  ( $          -1.00 ) $    47,561.09  ➤ $    45,238.09 
#349 2019-05-22 : -2 × ADM 20 Sep 2019 $35.00 P  $       110.00  ( $          -0.75 ) $    47,386.09  ➤ $    45,063.09 
#348 2019-05-20 : -1 × SNA 20 Sep 2019 $140.00 P  $       260.00  ( $          -1.10 ) $    47,276.84  ➤ $    44,953.84 
#347 2019-05-16 : -2 × GIS 18 Oct 2019 $47.50 P  $       260.00  ( $          -1.60 ) $    47,017.94  ➤ $    44,694.94 
#346 2019-05-16 : -1 × AOS 18 Oct 2019 $45.00 P  $       180.00  ( $          -1.10 ) $    46,759.54  ➤ $    44,436.54 
#345 2019-05-15 : -2 × WFC 18 Oct 2019 $42.50 P  $       240.00  ( $          -1.00 ) $    46,580.64  ➤ $    44,257.64 
#344 2019-05-15 : -1 × TIF 16 Aug 2019 $90.00 P  $       302.00  ( $      -638.29 ) → #384 $    46,341.64  ➤ $    44,018.64 
#343 2019-05-15 : -2 × SO 15 Nov 2019 $45.00 P  $         88.00  ( $          -0.99 ) $    46,677.93  ➤ $    44,354.93 
#342 2019-05-15 : -2 × QCOM 18 Oct 2019 $65.00 P  $       156.00  ( $          -0.99 ) $    46,590.92  ➤ $    44,267.92 
#341 2019-05-15 : -1 × INTC 20 Sep 2019 $40.00 P  $       105.00  ( $          -0.80 ) $    46,435.91  ➤ $    44,112.91 
#340 2019-05-15 : -1 × DIS 19 Jul 2019 $140.00 C  $       242.00  ( $          -0.80 ) $    46,331.71  ➤ $    44,008.71 
#339 2019-05-15 : -1 × AAPL 18 Jun 2021 $205.00 C  $    2,323.00  ( $          -0.69 ) $    46,090.51  ➤ $    43,767.51 
#338 2019-04-23 : -1 × PG 15 Jan 2021 $105.00 C  $       896.00  ( $   -2,201.60 ) $    43,768.20  ➤ $    43,768.20 
#337 2019-04-22 : -1 × WBA 17 Jan 2020 $65.00 C  $       163.00  ( $          -0.80 ) $    45,073.80  ➤ $    45,073.80 
#336 2019-04-22 : -2 × WBA 17 Jan 2020 $65.00 C  $       328.00  ( $          -0.85 ) $    44,911.60  ➤ $    44,911.60 
#335 2019-04-04 : -1 × WBA 18 Apr 2019 $55.00 P  $       145.00  ( $          -3.16 ) $    44,584.45  ➤ $    44,584.45

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.

December 2020:

#551 2020-11-19 : -2 × BEN 18 Dec 2020 $20.00 P  $         91.00  ( $          -0.27 ) → Out of the money with a  19% safety margin 
#550 2020-10-21 : -2 × O 18 Dec 2020 $60.00 P  $       670.00  ( $          -0.69 ) → Out of the money with a  2% safety margin 
#548 2020-10-19 : -1 × SPG 18 Dec 2020 $50.00 P  $       162.00  ( $          -0.88 ) → Out of the money with an  88% safety margin 
#547 2020-10-19 : -1 × RY 18 Dec 2020 $75.00 C  $       160.00  ( $          -0.34 ) → In the money by  10% — caution! 
#546 2020-10-19 : -1 × MCD 18 Dec 2020 $200.00 P  $       215.00  ( $          -1.09 ) → Out of the money with a  5% safety margin 
#545 2020-10-19 : -1 × LOW 18 Dec 2020 $150.00 P  $       220.00  ( $          -0.79 ) → At the money  — caution! 
#541 2020-10-16 : -1 × CVX 18 Dec 2020 $70.00 P  $       352.00  ( $          -0.64 ) → Out of the money with a  33% safety margin 
#540 2020-10-16 : -2 × CMCSA 18 Dec 2020 $50.00 C  $       140.00  ( $          -0.72 ) → In the money by  3% — caution! 
#539 2020-10-16 : -2 × CMCSA 18 Dec 2020 $47.50 C  $       202.00  ( $          -0.88 ) → In the money by  9% — caution! 
#536 2020-09-29 : -2 × KO 18 Dec 2020 $55.00 C  $         98.00  ( $          -0.87 ) → Out of the money with a  2% safety margin 
#531 2020-09-29 : -2 × BNS 18 Dec 2020 $45.00 C  $       100.00  ( $          -0.03 ) → In the money by  17% — caution! 
#530 2020-09-29 : -1 × BMY 18 Dec 2020 $65.00 C  $       115.00  ( $          -0.79 ) → Out of the money with a  4% safety margin 
#527 2020-09-29 : -3 × ADM 18 Dec 2020 $50.00 C  $       300.00  ( $          -2.21 ) → In the money by  1% — caution! 
#526 2020-09-21 : -2 × WFC 18 Dec 2020 $20.00 P  $       136.00  ( $          -0.87 ) → Out of the money with a  48% safety margin 
#524 2020-09-21 : -1 × PM 18 Dec 2020 $80.00 C  $       230.00  ( $          -0.79 ) → In the money by  1% — caution! 
#523 2020-09-21 : -2 × PEG 18 Dec 2020 $45.00 P  $       230.00  ( $          -0.22 ) → Out of the money with a  28% safety margin 
#521 2020-09-21 : -1 × LYB 18 Dec 2020 $65.00 P  $       400.00  ( $          -0.24 ) → Out of the money with a  37% safety margin 
#520 2020-08-31 : -2 × EMR 18 Dec 2020 $57.50 P  $       284.00  ( $          -0.66 ) → Out of the money with a  39% safety margin 
#515 2020-08-21 : -2 × XEL 18 Dec 2020 $60.00 P  $       266.00  ( $          -1.40 ) → Out of the money with a  10% safety margin 
#498 2020-07-24 : -3 × PFE 18 Dec 2020 $45.00 C  $       210.00  ( $          -1.34 ) → Out of the money with a  10% safety margin 
#476 2020-06-22 : -1 × WMT 18 Dec 2020 $100.00 P  $       240.00  ( $          -0.80 ) → Out of the money with a  49% safety margin 
#473 2020-06-22 : -1 × HRL 18 Dec 2020 $40.00 P  $       105.00  ( $          -0.35 ) → Out of the money with an  18% safety margin 

Six covered calls and one put expiring in December are in the money, while two covered calls and one put are out of the money with a small margin of safety. I'll need to monitor these options carefully as the option expiration date nears. 

January 2021:

#561 2020-11-30 : -2 × XOM 15 Jan 2021 $35.00 P  $       128.00  ( $          -1.47 ) → Out of the money with an  18% safety margin 
#558 2020-11-30 : -1 × LOW 15 Jan 2021 $170.00 C  $       120.00  ( $          -0.79 ) → Out of the money with a  12% safety margin   
#557 2020-11-30 : -1 × LLY 15 Jan 2021 $130.00 P  $       140.00  ( $          -0.79 ) → Out of the money with a  14% safety margin   
#543 2020-10-19 : -2 × CMCSA 15 Jan 2021 $40.00 P  $       190.00  ( $          -0.88 ) → Out of the money with a  29% safety margin 
#542 2020-10-16 : -2 × PSX 15 Jan 2021 $50.00 P  $       890.00  ( $          -0.69 )
→ Out of the money with a  39% safety margin 
#538 2020-10-14 : -2 × WBA 15 Jan 2021 $35.00 P  $       515.00  ( $          -0.73 ) → Out of the money with a  24% safety margin   
#535 2020-09-29 : -1 × INTC 15 Jan 2021 $60.00 C  $       102.00  ( $          -1.09 ) → Out of the money with a  13% safety margin 
#529 2020-09-29 : -1 × AFL 15 Jan 2021 $40.00 C  $       100.00  ( $          -1.09 ) → In the money by  16% — caution!   
#528 2020-09-29 : -1 × ADP 15 Jan 2021 $160.00 C  $       185.00  ( $          -1.09 ) → In the money by  9% — caution! 
#525 2020-09-21 : -2 × PSX 15 Jan 2021 $75.00 C  $       164.00  ( $          -0.68 ) → Out of the money with an  8% safety margin 
#507 2020-08-21 : -2 × MSFT 15 Jan 2021 $155.00 P  $       558.00  ( $          -0.90 ) → Out of the money with a  39% safety margin   
#506 2020-08-21 : -1 × JNJ 15 Jan 2021 $120.00 P  $       136.00  ( $          -0.80 ) → Out of the money with a  25% safety margin 
#504 2020-08-21 : -4 × AAPL 15 Jan 2021 $75.00 P  $       371.00  ( $          -0.65 ) → Out of the money with a  63% safety margin   
#503 2020-08-21 : -8 × AAPL 15 Jan 2021 $75.00 P  $       731.00  ( $          -1.21 ) → Out of the money with a  63% safety margin   
#502 2020-07-24 : -5 × T 15 Jan 2021 $35.00 C  $       232.00  ( $          -2.48 ) → Out of the money with a  16% safety margin 
#497 2020-07-24 : -2 × MO 15 Jan 2021 $50.00 C  $       130.00  ( $          -0.89 ) → Out of the money with a  17% safety margin 
#495 2020-07-23 : -2 × WFC 15 Jan 2021 $32.50 C  $       220.00  ( $          -0.90 ) → Out of the money with a 9% safety margin   
#494 2020-07-23 : -2 × TJX 15 Jan 2021 $65.00 C  $       310.00  ( $          -1.40 ) → In the money by  3% — caution!   
#493 2020-07-23 : -1 × SPG 15 Jan 2021 $100.00 C  $       232.00  ( $          -0.80 ) → Out of the money with a  6% safety margin   
#492 2020-07-23 : -1 × ROST 15 Jan 2021 $120.00 C  $       150.00  ( $          -1.10 ) → Out of the money with a  4% safety margin 
#488 2020-07-23 : -2 × DIS 15 Jan 2021 $150.00 C  $       390.00  ( $          -0.90 ) → In the money by  3% — caution! 
#485 2020-07-16 : -2 × TROW 15 Jan 2021 $135.00 C  $    2,202.00  ( $          -0.34 ) → In the money by  13% — caution! 
#463 2020-03-18 : -1 × HRL 15 Jan 2021 $52.50 C  $       520.00  ( $          -0.25 ) → Out of the money with a  10% safety margin   
#462 2020-03-16 : -3 × TJX 15 Jan 2021 $45.00 P  $    2,450.00  ( $          -1.83 ) → Out of the money with a  48% safety margin   
#461 2020-03-16 : -2 × SBUX 15 Jan 2021 $65.00 P  $    2,603.00  ( $          -1.35 ) → Out of the money with a  57% safety margin   
#460 2020-03-16 : -1 × MMM 15 Jan 2021 $130.00 P  $    2,344.00  ( $          -0.70 ) → Out of the money with a  33% safety margin   
#459 2020-03-16 : -2 × ICE 15 Jan 2021 $75.00 P  $    2,235.00  ( $          -0.63 ) → Out of the money with a  46% safety margin 
#453 2020-02-11 : -1 × MSFT 15 Jan 2021 $155.00 P  $       633.00  ( $          -1.11 ) → Out of the money with a  38% safety margin   
#452 2020-02-11 : -1 × INTC 15 Jan 2021 $50.00 P  $       139.00  ( $          -0.80 ) → Out of the money with a  4% safety margin 
#409 2019-11-13 : -2 × ABBV 15 Jan 2021 $90.00 C  $    1,310.00  ( $          -1.52 ) → In the money by  19% — caution! 
#408 2019-10-18 : -2 × TSM 15 Jan 2021 $50.00 C  $    1,083.00  ( $            0.00 ) → In the money by  107% — caution! 

Seven covered calls and one put expiring in January are in the money, while four covered calls and one put are out of the money with a small margin of safety. While I have a bit more time, there are many more in the money options that I would need to deal with before their Janauray expiration. 

Concluding Remarks


November 2020


Total
Options Income
Secured
Options Income
End of Month:
$ 87,921
$ 55,838
Previous Month:
86,950
52,722
This Month:
$    971
$  3,116

My year-to-date options income is $15,009, about 62.5% of my goal to collect $24,000 in options income in 2020. This is one goal that I won't achieve in 2020!

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4 comments :

  1. Nice, I have been mostly covered calls with spce and ASPS.I think i should start doing Puts for ones I want to Buy.

    ReplyDelete
    Replies
    1. Thanks. Yes, selling puts can help you get the price you want.

      Delete
  2. Just curious, are your In The Money contracts ever assigned early or are you reliably able to wait until near expiration to roll them forward?

    Inspired by your posts, I just started selling some covered calls and cash secured puts over the last few week on WFC, T, WBA (call) and KR (put). So far I have been doing weekly options that are deep out of the money. I have not had the courage to work on longer time horizons yet.

    Thanks for the articles, they give me fresh ideas.

    ReplyDelete
    Replies
    1. Early assignment can happen, but it is infrequent. Because I sell covered calls on dividend growth stocks, it is important to monitor covered calls around the ex-date. Option holders will exercise calls of in the money contracts before the ex-date in order to grab the next dividend.

      All the best with your options trading journey! Take it slow and steady while you learn!

      Delete

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