Sunday, January 10, 2021

Options Update: December 2020 (Part 3)

In Part 2 of my final Options Update article of 2020, I'm presenting two assignments, fifteen expired options, and my usual list of upcoming expiring options. Part 1 covered 23 trades in which I rolled forward options and Part 2 presented some closing trades as well as new covered calls and put contracts. 

December was a very busy month for options trading. After having failed to achieve my 2020 goal of collecting at least $24,000 in options income, I decided to reposition my options portfolio for the upcoming year. The net effect is that my options income decreased by about $889 and I ended with options income totaling $14,120 for 2020. 

Recap


In December, I closed five options early and had two assignments and fifteen expirations. Additionally, I rolled forward 23 options and had 29 income-generating trades:


Assigned Options


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

I had two assignments in December:

#5502020-10-21:-2×O 18 Dec 2020 $60.00 P $       670.00 ( $          -0.69 )
#4082019-10-18:-2×TSM 15 Jan 2021 $50.00 C $    1,083.00 ( $           0.00 )

I'd sold two $60 put options on Realty Income Corporation (O), which were assigned on options expiration day after O closed at $59.29 per share. I'm very happy with this outcome, as the effective cost per share was $56.66 when accounting for the options income I received. 

The assignment of my covered calls on Taiwan Semiconductor Manufacturing Company Limited (TSM) is another matter. TSM traded above $104 per share on 16 December when these $50 options were assigned! 

Sometimes, the underlying of a covered call just runs away too fast, as was the case with TSM:


That's the curse of selling covered calls, which juxtaposes the blessing of collecting options income to supplement the dividends income received from dividend growth stocks. 

My learning here is to avoid selling covered calls on stocks with strong growth prospects, particularly those in the Information Technology sector.  

Expired Options


In December, the following option expired:

#5512020-11-19:-2×BEN 18 Dec 2020 $20.00 P $         91.00 ( $          -0.27 )
#5482020-10-19:-2×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 ) 
#5412020-10-16:-1×CVX 18 Dec 2020 $70.00 P $       352.00 ( $          -0.64 )
#5362020-09-29:-2×KO 18 Dec 2020 $55.00 C $         98.00 ( $          -0.87 )
#5302020-09-29:-1×BMY 18 Dec 2020 $65.00 C $       115.00 ( $          -0.79 )
#5262020-09-21:-2×WFC 18 Dec 2020 $20.00 P $       136.00 ( $          -0.87 )
#5232020-09-21:-2×PEG 18 Dec 2020 $45.00 P $       230.00 ( $          -0.22 )
#5212020-09-21:-1×LYB 18 Dec 2020 $65.00 P $       400.00 ( $          -0.24 )
#5202020-08-31:-2×EMR 18 Dec 2020 $57.50 P $       284.00 ( $          -0.66 ) 
#5152020-08-21:-2×XEL 18 Dec 2020 $60.00 P $       266.00 ( $          -1.40 ) 
#4982020-07-24:-3×PFE 18 Dec 2020 $45.00 C $       210.00 ( $          -1.34 )
#4762020-06-22:-1×WMT 18 Dec 2020 $100.00 P $       240.00 ( $          -0.80 )
#4732020-06-22:-1×HRL 18 Dec 2020 $40.00 P $       105.00 ( $          -0.35 )

Franklin Resources, Inc (BEN) closed at $24.73 per share on options expiration day, about 24% above the $20 puts I'd sold. As a result, the options expired and I secured about $91 in options income. 

Simon Property Group, Inc (SPG) closed at $84.10 per share on 18 December, about 68% above the $50 puts I'd sold. As a result, the options expired and I secured about $161 in options income. 

On options expiration day, McDonald's Corporation (MCD) closed at $215.08 per share, about 8% above the $200 put I'd sold. As a result, the option expired and I secured about $214 in options income. 

In October, I sold a $150 put option on Lowe's Companies, Inc (LOW). The option expired because the stock closed at $163.20 per share on 18 December, some 9% above the strike price. I secured options income of about $219.

On 18 December, Chevron Corporation (CVX) closed at $87.19 per share, about 25% above the $70 put I'd sold. As a result, the option expired and I secured about $351 in options income. 

The Coca-Cola Company (KO) closed at $53.74 per share on 18 December, about 2% below the $55 covered calls I'd sold. As a result, the options expired and I secured about $97 in options income. 

On options expiration day, Bristol-Myers Squibb Company (BMY) closed at $62.62 per share, about 4% below the $65 covered call I'd sold. As a result, the option expired and I secured about $114 in options income. 

Wells Fargo & Company (WFC) closed at $29.01 per share on options expiration day, about 24% above the $45 puts I'd sold. As a result, the options expired and I secured about $135 in options income. 

In October, I sold two $45 put options on Public Service Enterprise Group Incorporated (PEG). The options expired because the stock closed at $56.82 per share on 18 December, some 26% above the strike price. I secured options income of about $230.

On options expiration day, LyondellBasell Industries NV (LYB) closed at $90.93 per share, about 40% above the $65 put I'd sold. As a result, the option expired and I secured about $400 in options income. 

Emerson Electric Co (EMR) closed at $80.90 per share on 18 December, about 41% above the $57.50 puts I'd sold. As a result, the options expired and I secured about $283 in options income. 

Xcel Energy Inc (XEL) closed at $65.67 per share on options expiration day, about 24% above the $60 puts I'd sold. As a result, the options expired and I secured about $265 in options income. 

Pfizer Inc (PFE) closed at $37.68 per share on 18 December, about 16% below the $45 covered calls I'd sold. As a result, the options expired and I secured about $209 in options income. 

On options expiration day, Walmart Inc (WMT) closed at $145.95 per share, about 46% above the $100 put I'd sold. As a result, the option expired and I secured about $239 in options income. 

Finally, on 18 December, Hormel Foods Corporation (HRL) closed at $47.68 per share, about 19% above the $40 put I'd sold. As a result, the option expired and I secured about $105 in options income. 

In all, I secured options income totaling $3,113 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.  

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 

IDDATE:NO×TICKER OPTIONINCOME( EXPENSES )ROLLEDTOTAL➤ SECURED
#6132020-12-30:-1×HRL 18 Jun 2021 $52.50 C $         83.00 ( $          -1.09 )$    87,031.66 ➤ $    66,450.66 
#6122020-12-18:-3×XEL 19 Mar 2021 $55.00 P $       135.00 ( $          -0.04 )$    86,949.75 ➤ $    66,451.75 
#6112020-12-18:-1×WMT 18 Jun 2021 $120.00 P $       224.00 ( $          -0.79 )$    86,814.79 ➤ $    66,451.79 
#6102020-12-18:-3×WFC 19 Feb 2021 $25.00 P $       147.00 ( $          -1.61 )$    86,591.58 ➤ $    66,452.58 
#6092020-12-18:-1×V 18 Jun 2021 $160.00 P $       260.00 ( $          -0.79 )$    86,446.19 ➤ $    66,454.19 
#6082020-12-18:-2×TROW 17 Dec 2021 $175.00 C $    1,443.00 ( $          -1.40 )$    86,186.98 ➤ $    66,454.98 
#6072020-12-18:-2×SPG 19 Feb 2021 $70.00 P $       260.00 ( $          -0.88 )$    84,745.38 ➤ $    66,456.38 
#6062020-12-18:-1×RY 16 Jul 2021 $90.00 C $       125.00 ( $          -0.69 )$    84,486.26 ➤ $    66,457.26 
#6052020-12-18:-1×PM 19 Mar 2021 $90.00 C $       193.00 ( $          -0.64 )$    84,361.95 ➤ $    66,457.95 
#6042020-12-18:-2×PG 18 Jun 2021 $100.00 P $       146.00 ( $          -0.87 )$    84,169.59 ➤ $    66,458.59 
#6032020-12-18:-3×PFE 19 Mar 2021 $50.00 C $       108.00 ( $          -2.21 )$    84,024.46 ➤ $    66,459.46 
#6022020-12-18:-2×PEG 18 Jun 2021 $45.00 P $       200.00 ( $          -0.02 )$    83,918.67 ➤ $    66,461.67 
#6012020-12-18:-2×O 19 Feb 2021 $55.00 P $       180.00 ( $          -0.22 )$    83,718.69 ➤ $    66,461.69 
#6002020-12-18:-2×NKE 16 Apr 2021 $95.00 P $       130.00 ( $          -0.87 )$    83,538.91 ➤ $    66,461.91 
#5992020-12-18:-2×MRK 19 Feb 2021 $70.00 P $       100.00 ( $          -0.87 )$    83,409.78 ➤ $    66,462.78 
#5982020-12-18:-2×MDT 21 May 2021 $85.00 P $       150.00 ( $          -0.87 )$    83,310.65 ➤ $    66,463.65 
#5972020-12-18:-1×MCD 19 Mar 2021 $180.00 P $       145.00 ( $          -0.79 )$    83,161.52 ➤ $    66,464.52 
#5962020-12-18:-2×LYB 19 Mar 2021 $65.00 P $       190.00 ( $          -0.12 )$    83,017.31 ➤ $    66,465.31 
#5952020-12-18:-1×LOW 19 Feb 2021 $140.00 P $       155.00 ( $          -0.79 )$    82,827.43 ➤ $    66,465.43 
#5942020-12-18:-2×LLY 16 Jul 2021 $110.00 P $       190.00 ( $          -0.88 )$    82,673.22 ➤ $    66,466.22 
#5932020-12-18:-3×KO 19 Mar 2021 $60.00 C $         99.00 ( $          -1.31 )$    82,484.10 ➤ $    66,467.10 
#5922020-12-18:-2×JNJ 18 Jun 2021 $110.00 P $       192.00 ( $          -0.88 )$    82,386.41 ➤ $    66,468.41 
#5912020-12-18:-2×ITW 19 Mar 2021 $145.00 P $       150.00 ( $          -0.13 )$    82,195.29 ➤ $    66,469.29 
#5902020-12-18:-3×INTC 18 Jun 2021 $32.50 P $       150.00 ( $          -2.21 )$    82,045.42 ➤ $    66,469.42 
#5892020-12-18:-2×HRL 19 Feb 2021 $44.00 P $       144.00 ( $          -0.23 )$    81,897.63 ➤ $    66,471.63 
#5882020-12-18:-1×HD 16 Apr 2021 $215.00 P $       180.00 ( $          -0.79 )$    81,753.86 ➤ $    66,471.86 
#5872020-12-18:-2×EMR 19 Mar 2021 $60.00 P $         94.00 ( $          -0.87 )$    81,574.65 ➤ $    66,472.65 
#5862020-12-18:-1×CVX 19 Feb 2021 $80.00 P $       282.00 ( $          -1.09 )$    81,481.52 ➤ $    66,473.52 
#5852020-12-18:-3×CSCO 16 Apr 2021 $35.00 P $       129.00 ( $          -3.50 )$    81,200.61 ➤ $    66,474.61 
#5842020-12-18:-2×CMCSA 18 Jun 2021 $60.00 C $       196.00 ( $          -0.73 )$    81,075.11 ➤ $    66,478.11 
#5832020-12-18:-2×CMCSA 18 Jun 2021 $60.00 C $       198.00 ( $          -0.73 )$    80,879.84 ➤ $    66,478.84 
#5822020-12-18:-2×CL 21 May 2021 $65.00 P $       140.00 ( $          -0.87 )$    80,682.57 ➤ $    66,479.57 
#5812020-12-18:-2×BNS 18 Jun 2021 $55.00 C $       400.00 ( $          -0.68 )$    80,543.44 ➤ $    66,480.44 
#5802020-12-18:-3×BEN 16 Apr 2021 $20.00 P $       144.00 ( $          -0.34 )$    80,144.12 ➤ $    66,481.12 
#5792020-12-18:-1×AFL 21 May 2021 $50.00 C $       115.00 ( $          -0.69 )$    80,000.46 ➤ $    66,481.46 
#5782020-12-18:-1×ADP 21 May 2021 $130.00 P $       155.00 ( $          -0.28 )$    79,886.15 ➤ $    66,482.15 
#5772020-12-18:-1×ADP 20 Aug 2021 $200.00 C $       595.00 ( $          -0.70 )$    79,731.43 ➤ $    66,482.43 
#5762020-12-18:-3×ADM 18 Jun 2021 $60.00 C $       156.00 ( $          -1.84 )$    79,137.13 ➤ $    66,483.13 
#5752020-12-18:-2×ABBV 21 Jan 2022 $120.00 C $       857.00 ( $          -0.74 )$    78,982.97 ➤ $    66,484.97 
#5742020-12-11:-2×XOM 16 Apr 2021 $37.50 P $       327.00 ( $          -0.73 )$    78,126.71 ➤ $    66,485.71 
#5732020-12-11:-3×TJX 16 Apr 2021 $50.00 P $       248.00 ( $          -1.84 )$    77,800.44 ➤ $    66,486.44 
#5722020-12-11:-5×T 18 Jun 2021 $37.00 C $       195.00 ( $          -2.43 )$    77,554.28 ➤ $    66,488.28 
#5712020-12-11:-2×SBUX 19 Mar 2021 $85.00 P $       214.00 ( $          -1.28 )$    77,361.71 ➤ $    66,490.71 
#5702020-12-11:-2×PSX 19 Feb 2021 $60.00 P $       544.00 ( $          -0.28 )$    77,148.99 ➤ $    66,491.99 
#5692020-12-11:-2×MO 18 Jun 2021 $50.00 C $       161.00 ( $          -0.73 )$    76,605.27 ➤ $    66,492.27 
#5682020-12-11:-1×MMM 19 Mar 2021 $150.00 P $       260.00 ( $          -0.64 )$    76,445.00 ➤ $    66,493.00 
#5672020-12-11:-1×JNJ 19 Mar 2021 $130.00 P $       155.00 ( $          -0.64 )$    76,185.64 ➤ $    66,493.64 
#5662020-12-11:-1×INTC 18 Jun 2021 $60.00 C $       143.00 ( $          -0.64 )$    76,031.28 ➤ $    66,494.28 
#5652020-12-11:-2×ICE 19 Mar 2021 $95.00 P $       316.00 ( $          -1.38 )$    75,888.92 ➤ $    66,494.92 
#5642020-12-11:-1×HRL 18 Jun 2021 $52.50 C $       108.00 ( $          -0.69 )$    75,574.30 ➤ $    66,496.30 
#5632020-12-11:-2×CMCSA 19 Mar 2021 $45.00 P $       216.00 ( $          -0.73 )$    75,466.99 ➤ $    66,496.99 
#5622020-12-11:-4×AAPL 19 Mar 2021 $85.00 P $       269.00 ( $          -1.50 )$    75,251.72 ➤ $    66,497.72 
#5612020-11-30:-2×XOM 15 Jan 2021 $35.00 P $       128.00 ( $        -42.19 )→ #574$    74,984.22 ➤ $    66,499.22 
#5602020-11-30:-1×TXN 19 Mar 2021 $125.00 P $       164.00 ( $          -0.79 )$    74,898.41 ➤ $    66,413.41 
#5592020-11-30:-1×ORCL 19 Feb 2021 $52.50 P $       103.00 ( $          -0.79 )$    74,735.20 ➤ $    66,414.20 
#5582020-11-30:-1×LOW 15 Jan 2021 $170.00 C $       120.00 ( $          -0.79 )$    74,632.99 ➤ $    66,414.99 
#5572020-11-30:-1×LLY 15 Jan 2021 $130.00 P $       140.00 ( $          -0.79 )$    74,513.78 ➤ $    66,415.78 
#5562020-11-30:-1×IBM 18 Mar 2021 $140.00 C $       155.00 ( $          -1.09 )$    74,374.57 ➤ $    66,416.57 
#5552020-11-30:-2×GILD 19 Feb 2021 $70.00 C $       114.00 ( $        -56.74 )$    74,220.66 ➤ $    66,417.66 
#5542020-11-30:-1×D 16 Apr 2021 $67.50 P $       112.00 ( $          -0.24 )$    74,163.40 ➤ $    66,360.40 
#5532020-11-30:-2×CSCO 19 Mar 2021 $45.00 C $       270.00 ( $          -0.64 )$    74,051.64 ➤ $    66,360.64 
#5522020-11-27:-3×AFL 19 Feb 2021 $35.00 P $       105.00 ( $          -0.34 )$    73,782.28 ➤ $    66,361.28 
#5512020-11-19:-2×BEN 18 Dec 2020 $20.00 P $         91.00 ( $          -0.27 )$    73,677.62 ➤ $    66,361.62 
#5502020-10-21:-2×O 18 Dec 2020 $60.00 P $       670.00 ( $          -0.69 )$    73,586.89 ➤ $    66,270.89 
#5492020-10-21:-2×AFL 20 Nov 2020 $37.00 P $       344.00 ( $          -0.68 )$    72,917.58 ➤ $    65,601.58 
#5482020-10-19:-2×SPG 18 Dec 2020 $50.00 P $       162.00 ( $          -0.88 )$    72,574.26 ➤ $    65,258.26 
#5472020-10-19:-1×RY 18 Dec 2020 $75.00 C $       160.00 ( $      -651.02 )→ #606$    72,413.14 ➤ $    65,097.14 
#5462020-10-19:-1×MCD 18 Dec 2020 $200.00 P $       215.00 ( $          -1.09 )$    72,904.16 ➤ $    65,588.16 
#5452020-10-19:-1×LOW 18 Dec 2020 $150.00 P $       220.00 ( $          -0.79 )$    72,690.25 ➤ $    65,374.25 
#5442020-10-19:-1×D 18 Dec 2020 $85.00 C $       115.00 ( $      -172.42 )$    72,471.04 ➤ $    65,155.04 
#5432020-10-19:-2×CMCSA 15 Jan 2021 $40.00 P $       190.00 ( $        -23.60 )→ #563$    72,528.46 ➤ $    65,212.46 
#5422020-10-16:-2×PSX 15 Jan 2021 $50.00 P $       890.00 ( $        -57.96 )→ #570$    72,362.06 ➤ $    65,046.06 
#5412020-10-16:-1×CVX 18 Dec 2020 $70.00 P $       352.00 ( $          -0.64 )$    71,530.02 ➤ $    64,214.02 
#5402020-10-16:-2×CMCSA 18 Dec 2020 $50.00 C $       140.00 ( $      -253.44 )→ #584$    71,178.66 ➤ $    63,862.66 
#5392020-10-16:-2×CMCSA 18 Dec 2020 $47.50 C $       202.00 ( $      -747.60 )→ #583$    71,292.10 ➤ $    63,976.10 
#5382020-10-14:-2×WBA 15 Jan 2021 $35.00 P $       515.00 ( $          -0.73 )$    71,837.70 ➤ $    64,521.70 
#5372020-09-29:-1×LOW 20 Nov 2020 $170.00 C $       575.00 ( $          -0.67 )$    71,323.43 ➤ $    64,522.43 
#5362020-09-29:-2×KO 18 Dec 2020 $55.00 C $         98.00 ( $          -0.87 )$    70,749.10 ➤ $    63,948.10 
#5352020-09-29:-1×INTC 15 Jan 2021 $60.00 C $       102.00 ( $        -11.72 )→ #566$    70,651.97 ➤ $    63,850.97 
#5342020-09-29:-1×IBM 20 Nov 2020 $135.00 C $       105.00 ( $          -1.09 )$    70,561.69 ➤ $    63,760.69 
#5332020-09-29:-2×GILD 20 Nov 2020 $70.00 C $       154.00 ( $          -0.88 )$    70,457.78 ➤ $    63,656.78 
#5322020-09-29:-2×CSCO 20 Nov 2020 $42.00 C $       162.00 ( $          -2.48 )$    70,304.66 ➤ $    63,503.66 
#5312020-09-29:-2×BNS 18 Dec 2020 $45.00 C $       100.00 ( $   -1,670.70 )→ #581$    70,145.14 ➤ $    63,344.14 
#5302020-09-29:-1×BMY 18 Dec 2020 $65.00 C $       115.00 ( $          -0.79 )$    71,715.84 ➤ $    64,914.84 
#5292020-09-29:-1×AFL 15 Jan 2021 $40.00 C $       100.00 ( $      -456.77 )→ #579$    71,601.63 ➤ $    64,800.63 
#5282020-09-29:-1×ADP 15 Jan 2021 $160.00 C $       185.00 ( $   -1,886.77 )→ #577$    71,958.40 ➤ $    65,157.40 
#5272020-09-29:-3×ADM 18 Dec 2020 $50.00 C $       300.00 ( $        -18.59 )→ #576$    73,660.17 ➤ $    66,859.17 
#5262020-09-21:-2×WFC 18 Dec 2020 $20.00 P $       136.00 ( $          -0.87 )$    73,378.76 ➤ $    66,577.76 
#5252020-09-21:-2×PSX 15 Jan 2021 $75.00 C $       164.00 ( $      -167.10 )$    73,243.63 ➤ $    66,442.63 
#5242020-09-21:-1×PM 18 Dec 2020 $80.00 C $       230.00 ( $      -568.42 )→ #605$    73,246.73 ➤ $    66,445.73 
#5232020-09-21:-2×PEG 18 Dec 2020 $45.00 P $       230.00 ( $          -0.22 )$    73,585.15 ➤ $    66,784.15 
#5222020-09-21:-1×ORCL 20 Nov 2020 $55.00 P $       118.00 ( $          -0.79 )$    73,355.37 ➤ $    66,554.37 
#5212020-09-21:-1×LYB 18 Dec 2020 $65.00 P $       400.00 ( $          -0.24 )$    73,238.16 ➤ $    66,437.16 
#5202020-08-31:-2×EMR 18 Dec 2020 $57.50 P $       284.00 ( $          -0.66 )$    72,838.40 ➤ $    66,037.40 
#5192020-08-27:-2×LLY 20 Nov 2020 $125.00 P $       365.00 ( $          -1.60 )$    72,555.06 ➤ $    65,754.06 
#5182020-08-24:-2×CMCSA 16 Oct 2020 $40.00 P $       112.00 ( $          -0.89 )$    72,191.66 ➤ $    65,390.66 
#5172020-08-24:-2×AFL 20 Nov 2020 $32.50 P $       180.00 ( $        -74.87 )→ #549$    72,080.55 ➤ $    65,279.55 
#5162020-08-21:-2×XOM 20 Nov 2020 $35.00 P $       218.00 ( $          -0.90 )$    71,975.42 ➤ $    65,174.42 
#5152020-08-21:-2×XEL 18 Dec 2020 $60.00 P $       266.00 ( $          -1.40 )$    71,758.32 ➤ $    64,957.32 
#514b2020-08-21:-1×WBA 16 Oct 2020 $37.50 P $       105.67 ( $          -0.73 )$    71,493.72 ➤ $    64,692.72 
#514a2020-08-21:-2×WBA 16 Oct 2020 $37.50 P $       211.33 ( $      -427.17 )→ #538$    71,388.78 ➤ $    64,587.78 
#5132020-08-21:-1×TXN 20 Nov 2020 $105.00 P $       125.00 ( $          -0.65 )$    71,604.62 ➤ $    64,803.62 
#5122020-08-21:-1×SPG 16 Oct 2020 $60.00 P $       420.00 ( $          -0.68 )$    71,480.27 ➤ $    64,679.27 
#5112020-08-21:-2×PSX 16 Oct 2020 $55.00 P $       370.00 ( $      -730.87 )→ #542$    71,060.95 ➤ $    64,259.95 
#5102020-08-21:-1×O 18 Dec 2020 $50.00 P $       135.00 ( $        -55.69 )→ #550$    71,421.82 ➤ $    64,620.82 
#5092020-08-21:-1×O 18 Dec 2020 $50.00 P $       132.00 ( $        -56.04 )→ #550$    71,342.50 ➤ $    64,541.50 
#5082020-08-21:-1×NKE 16 Oct 2020 $95.00 P $       117.00 ( $          -1.59 )$    71,266.54 ➤ $    64,465.54 
#5072020-08-21:-2×MSFT 15 Jan 2021 $155.00 P $       558.00 ( $          -0.90 )$    71,151.13 ➤ $    64,350.13 
#5062020-08-21:-1×JNJ 15 Jan 2021 $120.00 P $       136.00 ( $        -10.43 )→ #567$    70,594.03 ➤ $    64,351.03 
#5052020-08-21:-1×CVX 16 Oct 2020 $75.00 P $       159.00 ( $      -153.73 )→ #541$    70,468.46 ➤ $    64,225.46 
#5042020-08-21:-4×AAPL 15 Jan 2021 $75.00 P $       371.00 ( $        -47.14 )→ #562$    70,463.19 ➤ $    64,220.19 
#5032020-08-21:-8×AAPL 15 Jan 2021 $75.00 P $       731.00 ( $        -91.72 )$    70,139.33 ➤ $    63,896.33 
#5022020-07-24:-5×T 15 Jan 2021 $35.00 C $       232.00 ( $        -64.90 )→ #572$    69,500.05 ➤ $    63,257.05 
#5012020-07-24:-1×RY 16 Oct 2020 $75.00 C $       110.00 ( $          -1.10 )$    69,332.95 ➤ $    63,089.95 
#5002020-07-24:-2×PSX 20 Nov 2020 $85.00 C $       190.00 ( $        -24.67 )→ #525$    69,224.05 ➤ $    62,981.05 
#4992020-07-24:-1×PM 18 Sep 2020 $80.00 C $       162.00 ( $          -1.10 )$    69,058.72 ➤ $    62,815.72 
#4982020-07-24:-3×PFE 18 Dec 2020 $45.00 C $       210.00 ( $          -1.34 )$    68,897.82 ➤ $    62,654.82 
#4972020-07-24:-2×MO 15 Jan 2021 $50.00 C $       130.00 ( $        -12.31 )→ #569$    68,689.16 ➤ $    62,446.16 
#4962020-07-24:-1×MCD 16 Oct 2020 $165.00 P $       162.00 ( $          -0.80 )$    68,571.47 ➤ $    62,328.47 
#4952020-07-23:-2×WFC 15 Jan 2021 $32.50 C $       220.00 ( $        -59.97 )$    68,410.27 ➤ $    62,167.27 
#4942020-07-23:-2×TJX 15 Jan 2021 $65.00 C $       310.00 ( $          -1.40 )$    68,250.24 ➤ $    62,007.24 
#4932020-07-23:-1×SPG 15 Jan 2021 $100.00 C $       232.00 ( $        -31.88 )$    67,941.64 ➤ $    62,008.64 
#4922020-07-23:-1×ROST 15 Jan 2021 $120.00 C $       150.00 ( $          -1.10 )$    67,741.52 ➤ $    61,808.52 
#4912020-07-23:-1×PEG 18 Sep 2020 $55.00 P $       360.00 ( $          -0.30 )$    67,592.62 ➤ $    61,809.62 
#4902020-07-23:-1×LYB 18 Sep 2020 $60.00 P $       225.00 ( $          -0.35 )$    67,232.92 ➤ $    61,449.92 
#4892020-07-23:-1×LOW 16 Oct 2020 $125.00 P $       222.00 ( $          -0.80 )$    67,008.27 ➤ $    61,225.27 
#4882020-07-23:-2×DIS 15 Jan 2021 $150.00 C $       390.00 ( $          -0.90 )$    66,787.07 ➤ $    61,004.07 
#4872020-07-23:-1×D 16 Oct 2020 $85.00 C $       164.00 ( $          -1.10 )$    66,397.97 ➤ $    61,004.97 
#4862020-07-23:-2×CMCSA 16 Oct 2020 $47.50 C $       108.00 ( $          -2.89 )→ #539$    66,235.07 ➤ $    60,842.07 
#4852020-07-16:-2×TROW 15 Jan 2021 $135.00 C $    2,202.00 ( $   -3,154.71 )→ #608$    66,129.96 ➤ $    60,736.96 
#4842020-06-30:-1×PEG 17 Jul 2020 $50.00 P $       185.00 ( $          -0.35 )$    67,082.67 ➤ $    61,689.67 
#4832020-06-25:-2×PEG 21 Aug 2020 $45.00 P $       380.00 ( $          -0.20 )$    66,898.02 ➤ $    61,505.02 
#4822020-06-25:-1×LYB 17 Jul 2020 $61.00 P $       335.00 ( $          -0.25 )$    66,518.22 ➤ $    61,125.22 
#4812020-06-23:-2×WFC 18 Sep 2020 $22.50 P $       188.00 ( $          -0.90 )$    66,183.47 ➤ $    60,790.47 
#4802020-06-23:-3×WBA 21 Aug 2020 $40.00 P $       489.00 ( $      -110.52 )→ #514$    65,996.37 ➤ $    60,603.37 
#4792020-06-23:-3×CMCSA 21 Aug 2020 $32.50 P $       132.00 ( $          -1.34 )$    65,617.89 ➤ $    60,224.89 
#4782020-06-23:-2×AFL 21 Aug 2020 $35.00 P $       390.00 ( $          -0.90 )$    65,487.23 ➤ $    60,094.23 
#4772020-06-22:-2×XEL 16 Oct 2020 $55.00 P $       260.00 ( $        -47.59 )→ #515$    65,098.13 ➤ $    59,705.13 
#4762020-06-22:-1×WMT 18 Dec 2020 $100.00 P $       240.00 ( $          -0.80 )$    64,885.72 ➤ $    59,492.72 
#4752020-06-22:-1×ORCL 18 Sep 2020 $50.00 P $       148.00 ( $          -0.80 )$    64,646.52 ➤ $    59,253.52 
#4742020-06-22:-1×O 18 Sep 2020 $50.00 P $       180.00 ( $        -17.94 )→ #510$    64,499.32 ➤ $    59,106.32 
#4732020-06-22:-1×HRL 18 Dec 2020 $40.00 P $       105.00 ( $          -0.35 )$    64,337.26 ➤ $    58,944.26 
#4722020-06-16:-2×MSFT 16 Oct 2020 $145.00 P $       462.00 ( $        -88.37 )→ #507$    64,232.61 ➤ $    58,839.61 
#4712020-06-16:-2×AAPL 18 Sep 2020 $250.00 P $       560.00 ( $        -31.09 )→ #503$    63,858.98 ➤ $    58,465.98 
#4702020-05-28:-3×CMCSA 17 Jul 2020 $35.00 P $       150.00 ( $          -2.21 )$    63,330.07 ➤ $    57,937.07 
#4692020-04-17:-1×TXN 18 Sep 2020 $95.00 P $       660.00 ( $          -6.30 )→ #513$    63,182.28 ➤ $    57,789.28 
#4682020-04-17:-1×LOW 17 Jul 2020 $90.00 P $       702.00 ( $          -0.66 )$    62,528.58 ➤ $    57,135.58 
#4672020-03-19:-1×SPG 15 May 2020 $40.00 P $       560.00 ( $          -0.81 )$    61,827.24 ➤ $    56,434.24 
#4662020-03-19:-1×O 19 Jun 2020 $37.50 P $       350.00 ( $          -0.30 )$    61,268.05 ➤ $    55,875.05 
#4652020-03-19:-1×NNN 19 Jun 2020 $22.50 P $       190.00 ( $          -0.30 )$    60,918.35 ➤ $    55,525.35 
#4642020-03-19:-2×MAIN 17 Apr 2020 $15.00 P $       380.00 ( $            0.00 )$    60,728.65 ➤ $    55,335.65 
#4632020-03-18:-1×HRL 15 Jan 2021 $52.50 C $       520.00 ( $          -7.93 )→ #564$    60,348.65 ➤ $    54,955.65 
#4622020-03-16:-3×TJX 15 Jan 2021 $45.00 P $    2,450.00 ( $        -46.66 )→ #573$    59,836.58 ➤ $    54,443.58 
#4612020-03-16:-2×SBUX 15 Jan 2021 $65.00 P $    2,603.00 ( $        -10.62 )→ #571$    57,433.24 ➤ $    52,040.24 
#4602020-03-16:-1×MMM 15 Jan 2021 $130.00 P $    2,344.00 ( $        -15.33 )→ #568$    54,840.86 ➤ $    49,447.86 
#4592020-03-16:-2×ICE 15 Jan 2021 $75.00 P $    2,235.00 ( $        -38.00 )→ #565$    52,512.19 ➤ $    47,119.19 
#4582020-03-09:-1×LYB 15 Jan 2021 $70.00 P $    1,590.00 ( $   -3,100.61 )$    50,315.19 ➤ $    44,922.19 
#4572020-03-09:-1×HRL 19 Jun 2020 $40.00 P $       155.00 ( $          -0.35 )$    51,825.80 ➤ $    46,432.80 
#456b2020-03-09:-2×BEN 20 Nov 2020 $22.50 P $       910.67 ( $      -352.23 )→ #551$    51,671.15 ➤ $    46,278.15 
#456a2020-03-09:-1×BEN 20 Nov 2020 $22.50 P $       455.33 ( $          -0.48 )$    51,112.71 ➤ $    45,719.71 
#4552020-03-02:-1×UNP 15 May 2020 $145.00 P $       535.00 ( $          -0.81 )$    50,657.86 ➤ $    45,264.86 
#4542020-03-02:-1×SBUX 17 Apr 2020 $70.00 P $       111.00 ( $      -978.44 )→ #461$    50,123.67 ➤ $    44,730.67 
#4532020-02-11:-1×MSFT 15 Jan 2021 $155.00 P $       633.00 ( $          -1.11 )$    50,991.11 ➤ $    45,598.11 
#4522020-02-11:-1×INTC 15 Jan 2021 $50.00 P $       139.00 ( $          -0.80 )$    50,359.22 ➤ $    45,599.22 
#4512020-02-11:-1×AAPL 15 Jan 2021 $255.00 P $       865.00 ( $      -221.74 )→ #504$    50,221.02 ➤ $    45,600.02 
#4502020-01-21:-1×TXN 17 Apr 2020 $115.00 P $       128.00 ( $      -306.44 )→ #469$    49,577.76 ➤ $    44,956.76 
#4492020-01-21:-2×TJX 17 Apr 2020 $67.50 C $       110.00 ( $          -0.01 )$    49,756.20 ➤ $    45,135.20 
#4482020-01-21:-2×ORCL 19 Jun 2020 $47.50 P $       150.00 ( $          -1.49 )$    49,646.21 ➤ $    45,025.21 
#4472020-01-21:-2×GILD 15 May 2020 $55.00 P $       162.00 ( $          -0.89 )$    49,497.70 ➤ $    44,876.70 
#4462020-01-21:-2×CSX 15 May 2020 $67.50 P $       240.00 ( $   -3,201.79 )$    49,336.59 ➤ $    44,715.59 
#4452020-01-15:-2×KO 18 Sep 2020 $55.00 C $       717.00 ( $          -9.85 )$    52,298.38 ➤ $    47,677.38 
#4442020-01-15:-1×D 17 Jul 2020 $82.50 C $       267.00 ( $          -0.30 )$    51,591.23 ➤ $    46,970.23 
#4432020-01-15:-2×CMCSA 17 Jul 2020 $47.50 C $       402.00 ( $          -1.50 )$    51,324.53 ➤ $    46,703.53 
#4422020-01-15:-3×BEN 17 Jul 2020 $27.50 P $       978.00 ( $   -2,502.74 )→ #456$    50,924.03 ➤ $    46,303.03 
#4412020-01-08:-5×T 21 Jan 2022 $40.00 C $    1,452.00 ( $      -289.58 )→ #502$    52,448.77 ➤ $    47,827.77 
#4402019-12-18:-2×XEL 19 Jun 2020 $55.00 P $       150.00 ( $          -0.21 )$    51,286.35 ➤ $    46,665.35 
#4392019-12-18:-1×TSM 21 Jan 2022 $60.00 C $       808.00 ( $          -0.31 )$    51,136.56 ➤ $    46,515.56 
#4382019-12-18:-2×TJX 17 Apr 2020 $55.00 P $       174.00 ( $   -2,476.67 )→ #462$    50,328.87 ➤ $    46,515.87 
#4372019-12-18:-1×SBUX 21 Feb 2020 $85.00 P $       187.00 ( $          -0.80 )$    52,631.54 ➤ $    48,818.54 
#4362019-12-18:-1×PSX 21 Feb 2020 $110.00 P $       270.00 ( $          -0.35 )$    52,445.34 ➤ $    48,632.34 
#4352019-12-18:-1×LYB 20 Mar 2020 $80.00 P $       120.00 ( $   -1,755.58 )→ #458$    52,175.69 ➤ $    48,362.69 
#4342019-12-18:-1×ICE 19 Jun 2020 $85.00 P $       195.00 ( $   -1,285.58 )→ #459$    53,811.27 ➤ $    49,998.27 
#4332019-12-18:-2×HRL 20 Mar 2020 $40.00 P $       104.00 ( $        -19.90 )$    54,901.85 ➤ $    51,088.85 
#4322019-12-18:-1×AMT 17 Apr 2020 $180.00 P $       200.00 ( $          -0.35 )$    54,817.75 ➤ $    51,004.75 
#4312019-12-18:-1×ABT 15 May 2020 $75.00 P $       117.00 ( $          -0.80 )$    54,618.10 ➤ $    50,805.10 
#4302019-12-12:-2×TROW 17 Jul 2020 $120.00 C $    2,209.00 ( $   -2,601.93 )→ #485$    54,501.90 ➤ $    50,688.90 
#4292019-11-27:-1×SBUX 17 Apr 2020 $77.50 P $       158.00 ( $   -1,543.17 )→ #461$    54,894.83 ➤ $    51,081.83 
#4282019-11-26:-1×WMT 19 Jun 2020 $100.00 P $       158.00 ( $          -0.65 )$    56,280.00 ➤ $    52,467.00 
#4272019-11-26:-1×V 20 Mar 2020 $155.00 P $       127.00 ( $        -11.19 )$    56,122.65 ➤ $    52,309.65 
#4262019-11-26:-1×UNP 21 Feb 2020 $160.00 P $       217.00 ( $          -0.80 )$    56,006.84 ➤ $    52,193.84 
#4252019-11-26:-1×NKE 17 Apr 2020 $77.50 P $       102.00 ( $          -1.10 )$    55,790.64 ➤ $    51,977.64 
#4242019-11-26:-1×MSFT 20 Mar 2020 $130.00 P $       119.00 ( $          -8.37 )$    55,689.74 ➤ $    51,876.74 
#4232019-11-26:-1×MRK 17 Apr 2020 $75.00 P $       107.00 ( $          -0.80 )$    55,579.11 ➤ $    51,766.11 
#4222019-11-26:-1×MMM 17 Apr 2020 $160.00 P $    3,441.00 ( $          -1.45 )→ #460$    55,472.91 ➤ $    51,659.91 
#4212019-11-26:-1×MCD 20 Mar 2020 $170.00 P $       126.00 ( $        -10.32 )$    52,033.36 ➤ $    48,220.36 
#4202019-11-26:-1×LOW 17 Apr 2020 $95.00 P $       111.00 ( $        -41.44 )→ #468$    51,917.68 ➤ $    48,104.68 
#4192019-11-26:-1×LLY 17 Apr 2020 $100.00 P $       140.00 ( $        -10.74 )$    51,848.12 ➤ $    48,035.12 
#4182019-11-26:-1×JNJ 20 Mar 2020 $120.00 P $       115.00 ( $          -9.89 )$    51,718.86 ➤ $    47,905.86 
#4172019-11-26:-1×ICE 19 Jun 2020 $80.00 P $       133.00 ( $   -1,000.59 )→ #459$    51,613.75 ➤ $    47,800.75 
#4162019-11-13:-2×XOM 17 Apr 2020 $75.00 C $       194.00 ( $        -11.74 )$    52,481.34 ➤ $    48,668.34 
#4152019-11-13:-1×WFC 19 Jun 2020 $60.00 C $       112.00 ( $        -10.19 )$    52,299.08 ➤ $    48,486.08 
#4142019-11-13:-1×TXN 17 Jan 2020 $110.00 P $       144.00 ( $          -1.10 )$    52,197.27 ➤ $    48,384.27 
#4132019-11-13:-5×SKT 19 Jun 2020 $20.00 C $       120.00 ( $        -30.70 )$    52,054.37 ➤ $    48,241.37 
#4122019-11-13:-1×PM 19 Jun 2020 $100.00 C $       102.00 ( $          -0.65 )$    51,965.07 ➤ $    48,152.07 
#4112019-11-13:-1×JNJ 20 Mar 2020 $140.00 C $       163.00 ( $          -0.65 )$    51,863.72 ➤ $    48,050.72 
#4102019-11-13:-1×IBM 17 Apr 2020 $120.00 P $       269.00 ( $        -10.59 )$    51,701.37 ➤ $    47,888.37 
#4092019-11-13:-2×ABBV 15 Jan 2021 $90.00 C $    1,310.00 ( $   -2,759.24 )→ #575$    51,442.96 ➤ $    47,629.96 
#4082019-10-18:-2×TSM 15 Jan 2021 $50.00 C $    1,083.00 ( $            0.00 )$    52,892.20 ➤ $    49,079.20 
#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.

January 2021:

#5582020-11-30:-1×LOW 15 Jan 2021 $170.00 C $       120.00 ( $          -0.79 )→ Out of the money with a  3% safety margin 
#5572020-11-30:-1×LLY 15 Jan 2021 $130.00 P $       140.00 ( $          -0.79 )
→ Out of the money with an  28% safety margin 
#5382020-10-14:-2×WBA 15 Jan 2021 $35.00 P $       515.00 ( $          -0.73 )
→ Out of the money with an  29% safety margin 
#5072020-08-21:-2×MSFT 15 Jan 2021 $155.00 P $       558.00 ( $          -0.90 )→ Out of the money with an  42% safety margin 
#4942020-07-23:-2×TJX 15 Jan 2021 $65.00 C $       310.00 ( $          -1.40 )
→ In the money by  8% — caution! 
#4922020-07-23:-1×ROST 15 Jan 2021 $120.00 C $       150.00 ( $          -1.10 ) → In the money by  2% — caution! 
#4882020-07-23:-2×DIS 15 Jan 2021 $150.00 C $       390.00 ( $          -0.90 )
 → In the money by  19% — caution! 
#4532020-02-11:-1×MSFT 15 Jan 2021 $155.00 P $       633.00 ( $          -1.11 )
→ Out of the money with an  42% safety margin 
#4522020-02-11:-1×INTC 15 Jan 2021 $50.00 P $       139.00 ( $          -0.80 )
→ Out of the money with an  3% safety margin 

Three covered calls expiring in January are in the money, while one put option is out of the money with a small margin of safety. 

I've decided to close my position in Ross Stores, Inc (ROST) and sell 100 shares of The Walt Disney Company (DIS) after both companies suspended their dividends. In actual fact, I've already executed these trades and will report on them in my next Optioons Update article.

I'll probably roll forward the covered calls on The TJX Companies, Inc (TJX) to protect my position.


February 2021:

#6102020-12-18:-3×WFC 19 Feb 2021 $25.00 P $       147.00 ( $          -1.61 )
→ Out of the money with an  33% safety margin 
#6072020-12-18:-2×SPG 19 Feb 2021 $70.00 P $       260.00 ( $          -0.88 )
→ Out of the money with an  24% safety margin 
#6012020-12-18:-2×O 19 Feb 2021 $55.00 P $       180.00 ( $          -0.22 )
→ Out of the money with an  9% safety margin 
#5992020-12-18:-2×MRK 19 Feb 2021 $70.00 P $       100.00 ( $          -0.87 )
→ Out of the money with an  24% safety margin 
#5952020-12-18:-1×LOW 19 Feb 2021 $140.00 P $       155.00 ( $          -0.79 )
→ Out of the money with an  19% safety margin 
#5892020-12-18:-2×HRL 19 Feb 2021 $44.00 P $       144.00 ( $          -0.23 )
→ Out of the money with an  3% safety margin 
#5862020-12-18:-1×CVX 19 Feb 2021 $80.00 P $       282.00 ( $          -1.09 )
→ Out of the money with an  14% safety margin 
#5702020-12-11:-2×PSX 19 Feb 2021 $60.00 P $       544.00 ( $          -0.28 )
→ Out of the money with an  18% safety margin 
#5592020-11-30:-1×ORCL 19 Feb 2021 $52.50 P $       103.00 ( $          -0.79 )
→ Out of the money with an  21% safety margin 
#5522020-11-27:-3×AFL 19 Feb 2021 $35.00 P $       105.00 ( $          -0.34 )→ Out of the money with an  27% safety margin 

Most of these options are in good shape, except for the puts on Hormel Foods Corporation (HRL) which are out of the money with a small margin of safety.

Concluding Remarks


Here is the state of DivGro's total options income and secured options income as of 31 December 2020:


December 2020


Total
Options Income
Secured
Options Income
End of Month:
$ 87,032
$ 66,451
Previous Month:
87,921
55,838
This Month:
$   -889
$ 10,163

Having started 2020 with an all-time total of $72,912, my options income for 2020 totaled $14,120, well short of my 2020 goal of $24,000. It turns out that last year was a difficult one for options trading!

Even though I collected only 59% of my 2020 goal amount, I'm setting the same goal of collecting $24,000 in options income for 2021. We'll see how it goes!

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