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Saturday, April 10, 2021

Options Update: March 2021

Welcome to my Options Update for March! I've been quite busy at work, but the project I've been working on is wrapping up! So I'll have a little more time to write blog articles again...

I posted my February update just a few weeks ago and reported another poor start to my options trading endeavors in 2021. January "delivered" -$1,756 in options income and February delivered a goose egg! At least I did not dig the hole I'm in even deeper in February!

I'm happy to report that March turned out to be much better! In fact, I managed to fill up the hole and build a little mound! It feels nice to make some positive strides towards my annual options goal for 2021, namely to collect at least $24,000 in options income. We'll see how it goes!

Recap


In March, I had two assignments and sixteen expirations. Additionally, I wrote eighteen put options to generate additional options income:


Assigned Options


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

I had two assignments in March:

#6052020-12-18:-1×PM 19 Mar 2021 $90.00 C $       193.00 ( $          -0.64 )   
#5532020-11-30:-2×CSCO 19 Mar 2021 $45.00 C $       270.00 ( $          -0.64 )

I already covered these assignments in this article, so I won't rehash the details here. 

As a result of these assignments, I secured options income totaling about $461. 

Expired Options


In March, the following option expired:

#6162021-01-15:-1×LOW 19 Mar 2021 $180.00 C $       453.00 ( $          -0.65 ) 
#6122020-12-18:-3×XEL 19 Mar 2021 $55.00 P $       135.00 ( $          -0.04 ) 
#6032020-12-18:-3×PFE 19 Mar 2021 $50.00 C $       108.00 ( $          -2.21 ) 
#5972020-12-18:-1×MCD 19 Mar 2021 $180.00 P $       145.00 ( $          -0.79 ) 
#5962020-12-18:-2×LYB 19 Mar 2021 $65.00 P $       190.00 ( $          -0.12 ) 
#5932020-12-18:-3×KO 19 Mar 2021 $60.00 C $         99.00 ( $          -1.31 ) 
#5912020-12-18:-2×ITW 19 Mar 2021 $145.00 P $       150.00 ( $          -0.13 )
#5872020-12-18:-2×EMR 19 Mar 2021 $60.00 P $         94.00 ( $          -0.87 ) 
#5712020-12-11:-2×SBUX 19 Mar 2021 $85.00 P $       214.00 ( $          -1.28 ) 
#5682020-12-11:-1×MMM 19 Mar 2021 $150.00 P $       260.00 ( $          -0.64 ) 
#5672020-12-11:-1×JNJ 19 Mar 2021 $130.00 P $       155.00 ( $          -0.64 ) 
#5652020-12-11:-2×ICE 19 Mar 2021 $95.00 P $       316.00 ( $          -1.38 )
#5632020-12-11:-2×CMCSA 19 Mar 2021 $45.00 P $       216.00 ( $          -0.73 ) 
#5622020-12-11:-4×AAPL 19 Mar 2021 $85.00 P $       269.00 ( $          -1.50 ) 
#5602020-11-30:-1×TXN 19 Mar 2021 $125.00 P $       164.00 ( $          -0.79 ) 
#5562020-11-30:-1×IBM 18 Mar 2021 $140.00 C $       155.00 ( $          -1.09 )

After options expiration day, I usually write an article to report what happened. When options expire, the obligations I have related to those options cease to exist. For puts, there no longer is a chance that I would have to buy shares, and the margin that was set aside as collateral gets released. For covered calls, there no longer is a chance that my shares will be called away.

More importantly, though, I can consider replacing the expired options and collect more options income!

I reported on all these expiration in this article, which resulted in secured options income totaling about $3,254. Secured options income means I no longer have any obligation related to options. 

Rolled Options

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

I did not roll forward any options in March.

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. In the case of covered calls, you must close the calls if you want to sell the underlying shares before expiration. 

I did not close any options early in March.

Covered Calls


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

I did not sell any covered calls in March.

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 March:

#6352021-03-16:-3×XEL 18 Jun 2021 $55.00 P $       195.00 ( $          -0.34 ) 
#6342021-03-16:-1×WEC 16 Jul 2021 $80.00 P $       210.00 ( $          -0.34 )
#6332021-03-16:-3×VZ 18 Jun 2021 $50.00 P $       168.00 ( $          -2.19 ) 
#6322021-03-16:-1×SYK 18 Jun 2021 $200.00 P $       220.00 ( $          -0.24 ) 
#6312021-03-16:-1×RTX 18 Jun 2021 $75.00 P $       340.00 ( $          -0.66 ) 
#6302021-03-16:-2×QCOM 18 Jun 2021 $100.00 P $       208.00 ( $          -0.88 ) 
#6292021-03-16:-1×NOC 21 May 2021 $270.00 P $       330.00 ( $          -0.24 ) 
#6282021-03-16:-3×NNN 18 Jun 2021 $35.00 P $       120.00 ( $          -0.34 ) 
#6272021-03-16:-2×NEE 18 Jun 2021 $65.00 P $       210.00 ( $          -0.22 ) 
#6262021-03-16:-1×KMB 16 Jul 2021 $120.00 P $       215.00 ( $          -0.29 ) 
#6252021-03-16:-2×ICE 18 Jun 2021 $95.00 P $       150.00 ( $          -0.03 ) 
#6242021-03-16:-1×HSY 21 May 2021 $140.00 P $       155.00 ( $          -0.29 ) 
#6232021-03-16:-1×HRL 18 Jun 2021 $45.00 P $       120.00 ( $          -0.34 ) 
#6222021-03-16:-1×EMR 18 Jun 2021 $85.00 P $       320.00 ( $          -0.66 ) 
#6212021-03-16:-1×ECL 16 Jul 2021 $190.00 P $       265.00 ( $          -1.09 ) 
#6202021-03-16:-1×CAT 21 May 2021 $180.00 P $       136.00 ( $          -0.79 ) 
#6192021-03-16:-1×ATO 16 Jul 2021 $80.00 P $       170.00 ( $          -0.24 ) 
#6182021-03-16:-1×APD 18 Jun 2021 $240.00 P $       450.00 ( $          -0.25 )


#635 : 2021-03-16: Sold to Open 3 Contracts of Option XEL Jun 18 2021 55.00 P

I'm willing to buy 300 shares of Xcel Energy Inc (XEL) for $55.00 per share on or before 18 June. XEL closed at $63.41 per share on the date of my trade:

Open Date :  2021-03-16  
Expiration Date :  2021-06-18    Number of Days in Trade : 94
Price at Close :  $63.41 per shareDiscount at Strike Price : 13.26%
Strike Price :  $55.00 per share
Number of Contracts : 3Number of Shares :300
Put Premium :  $0.65 per shareOptions Income : $195.00
  Commission : -$0.34
Net Premium :  $0.649 per shareNet Options Income : $194.66
Options Yield :  1.02%Annualized Options Yield : 3.98%
----------------------------  ----------------------------------------------------  -----------
  Commission if Exercised : $0.00
Cost Basis if Exercised : $54.35Discount if Exercised : 14.29%

This put option trade yields 1.02%, or 3.98% on an annualized basis. At $63.41 per share, XEL yields 2.90%, so I'm boosting dividend income by a factor of 1.37. If the options are exercised, I'll buy 300 shares at a cost basis of $54.35 per share, a discount of 14.29%.

#634 : 2021-03-16: Sold to Open 1 Contract of Option WEC Jul 16 2021 80.00 P

I'm willing to buy 100 shares of WEC Energy Group, Inc (WEC) for $80.00 per share on or before 16 July. WEC closed at $88.89 per share on the date of my trade:

Open Date :  2021-03-16  
Expiration Date :  2021-07-16    Number of Days in Trade : 122
Price at Close :  $88.89 per shareDiscount at Strike Price : 10.00%
Strike Price :  $80.00 per share
Number of Contracts : 1Number of Shares :100
Put Premium :  $2.10 per shareOptions Income : $210.00
  Commission : -$0.34
Net Premium :  $2.097 per shareNet Options Income : $209.66
Options Yield :  2.36%Annualized Options Yield : 7.06%
----------------------------  ----------------------------------------------------  -----------
  Commission if Exercised : $0.00
Cost Basis if Exercised : $77.90Discount if Exercised : 12.37%

This put option trade yields 2.36%, or 7.06% on an annualized basis. At $88.89 per share, WEC yields 3.06%, so I'm boosting dividend income by a factor of 2.31. If the option is exercised, I'll buy 100 shares at a cost basis of $77.90 per share, a discount of 12.37%.

#633 : 2021-03-16: Sold to Open 3 Contracts of Option VZ Jun 18 2021 50.00 P

I'm willing to buy 300 shares of Verizon Communications Inc (VZ) for $50.00 per share on or before 18 June. VZ closed at $55.64 per share on the date of my trade:

Open Date :  2021-03-16  
Expiration Date :  2021-06-18    Number of Days in Trade : 94
Price at Close :  $55.64 per shareDiscount at Strike Price : 10.14%
Strike Price :  $50.00 per share
Number of Contracts : 3Number of Shares :300
Put Premium :  $0.56 per shareOptions Income : $168.00
  Commission : -$2.19
Net Premium :  $0.553 per shareNet Options Income : $165.81
Options Yield :  0.99%Annualized Options Yield : 3.86%
----------------------------  ----------------------------------------------------  -----------
  Commission if Exercised : $0.00
Cost Basis if Exercised : $49.43Discount if Exercised : 11.16%

This put option trade yields 0.99%, or 3.86% on an annualized basis. At $55.64 per share, VZ yields 4.53%, so I'm boosting dividend income by a factor of 0.85. If the options are exercised, I'll buy 300 shares at a cost basis of $49.43 per share, a discount of 11.16%.

#632 : 2021-03-16: Sold to Open 1 Contract of Option SYK Jun 18 2021 200.00 P

I'm willing to buy 100 shares of Stryker Corporation (SYK) for $200.00 per share on or before 18 June. SYK closed at $238.03 per share on the date of my trade:

Open Date :  2021-03-16  
Expiration Date :  2021-06-18    Number of Days in Trade : 94
Price at Close :  $238.03 per shareDiscount at Strike Price : 15.98%
Strike Price :  $200.00 per share
Number of Contracts : 1Number of Shares :100
Put Premium :  $2.20 per shareOptions Income : $220.00
  Commission : -$0.24
Net Premium :  $2.198 per shareNet Options Income : $219.76
Options Yield :  0.92%Annualized Options Yield : 3.59%
----------------------------  ----------------------------------------------------  -----------
  Commission if Exercised : $0.00
Cost Basis if Exercised : $197.80Discount if Exercised : 16.90%

This put option trade yields 0.92%, or 3.59% on an annualized basis. At $238.03 per share, SYK yields 1.06%, so I'm boosting dividend income by a factor of 3.39. If the option is exercised, I'll buy 100 shares at a cost basis of $197.80 per share, a discount of 16.90%.

#631 : 2021-03-16: Sold to Open 1 Contract of Option RTX Jun 18 2021 75.00 P

I'm willing to buy 100 shares of Raytheon Technologies Corporation (RTX) for $75.00 per share on or before 18 June. RTX closed at $78.24 per share on the date of my trade:

Open Date :  2021-03-16  
Expiration Date :  2021-06-18    Number of Days in Trade : 94
Price at Close :  $78.24 per shareDiscount at Strike Price : 4.14%
Strike Price :  $75.00 per share
Number of Contracts : 1Number of Shares :100
Put Premium :  $3.40 per shareOptions Income : $340.00
  Commission : -$0.66
Net Premium :  $3.393 per shareNet Options Income : $339.34
Options Yield :  4.34%Annualized Options Yield : 16.85%
----------------------------  ----------------------------------------------------  -----------
  Commission if Exercised : $0.00
Cost Basis if Exercised : $71.59Discount if Exercised : 8.50%

This put option trade yields 4.34%, or 16.85% on an annualized basis. At $78.24 per share, RTX yields 2.45%, so I'm boosting dividend income by a factor of 6.87. If the option is exercised, I'll buy 100 shares at a cost basis of $71.59 per share, a discount of 8.50%.

#630 : 2021-03-16: Sold to Open 2 Contracts of Option QCOM Jun 18 2021 100.00 P

I'm willing to buy 200 shares of QUALCOMM Incorporated (QCOM) for $100.00 per share on or before 18 June. QCOM closed at $133.65 per share on the date of my trade:

Open Date :  2021-03-16  
Expiration Date :  2021-06-18    Number of Days in Trade : 94
Price at Close :  $133.65 per shareDiscount at Strike Price : 25.18%
Strike Price :  $100.00 per share
Number of Contracts : 2Number of Shares :200
Put Premium :  $1.04 per shareOptions Income : $208.00
  Commission : -$0.88
Net Premium :  $1.036 per shareNet Options Income : $207.12
Options Yield :  0.77%Annualized Options Yield : 3.01%
----------------------------  ----------------------------------------------------  -----------
  Commission if Exercised : $0.00
Cost Basis if Exercised : $98.96Discount if Exercised : 25.96%

This put option trade yields 0.77%, or 3.01% on an annualized basis. At $133.65 per share, QCOM yields 2.04%, so I'm boosting dividend income by a factor of 1.48. If the options are exercised, I'll buy 200 shares at a cost basis of $98.96 per share, a discount of 25.96%.

#629 : 2021-03-16: Sold to Open 1 Contract of Option NOC May 21 2021 270.00 P

I'm willing to buy 100 shares of Northrop Grumman Corporation (NOC) for $270.00 per share on or before 21 May. NOC closed at $305.84 per share on the date of my trade:

Open Date :  2021-03-16  
Expiration Date :  2021-05-21    Number of Days in Trade : 66
Price at Close :  $305.84 per shareDiscount at Strike Price : 11.72%
Strike Price :  $270.00 per share
Number of Contracts : 1Number of Shares :100
Put Premium :  $3.30 per shareOptions Income : $330.00
  Commission : -$0.24
Net Premium :  $3.298 per shareNet Options Income : $329.76
Options Yield :  1.08%Annualized Options Yield : 5.97%
----------------------------  ----------------------------------------------------  -----------
  Commission if Exercised : $0.00
Cost Basis if Exercised : $266.70Discount if Exercised : 12.80%

This put option trade yields 1.08%, or 5.97% on an annualized basis. At $305.84 per share, NOC yields 1.90%, so I'm boosting dividend income by a factor of 3.15. If the option is exercised, I'll buy 100 shares at a cost basis of $266.70 per share, a discount of 12.80%.

#628 : 2021-03-16: Sold to Open 3 Contracts of Option NNN Jun 18 2021 35.00 P

I'm willing to buy 300 shares of National Retail Properties, Inc (NNN) for $35.00 per share on or before 18 June. NNN closed at $44.66 per share on the date of my trade:

Open Date :  2021-03-16  
Expiration Date :  2021-06-18    Number of Days in Trade : 94
Price at Close :  $44.66 per shareDiscount at Strike Price : 21.63%
Strike Price :  $35.00 per share
Number of Contracts : 3Number of Shares :300
Put Premium :  $0.40 per shareOptions Income : $120.00
  Commission : -$0.34
Net Premium :  $0.399 per shareNet Options Income : $119.66
Options Yield :  0.89%Annualized Options Yield : 3.47%
----------------------------  ----------------------------------------------------  -----------
  Commission if Exercised : $0.00
Cost Basis if Exercised : $34.60Discount if Exercised : 22.53%

This put option trade yields 0.89%, or 3.47% on an annualized basis. At $44.66 per share, NNN yields 4.66%, so I'm boosting dividend income by a factor of 0.75. If the options are exercised, I'll buy 300 shares at a cost basis of $34.60 per share, a discount of 22.53%.

#627 : 2021-03-16: Sold to Open 2 Contracts of Option NEE Jun 18 2021 65.00 P

I'm willing to buy 200 shares of NextEra Energy, Inc (NEE) for $65.00 per share on or before 18 June. NEE closed at $75.38 per share on the date of my trade:

Open Date :  2021-03-16  
Expiration Date :  2021-06-18    Number of Days in Trade : 94
Price at Close :  $75.38 per shareDiscount at Strike Price : 13.77%
Strike Price :  $65.00 per share
Number of Contracts : 2Number of Shares :200
Put Premium :  $1.05 per shareOptions Income : $210.00
  Commission : -$0.22
Net Premium :  $1.049 per shareNet Options Income : $209.78
Options Yield :  1.39%Annualized Options Yield : 5.41%
----------------------------  ----------------------------------------------------  -----------
  Commission if Exercised : $0.00
Cost Basis if Exercised : $63.95Discount if Exercised : 15.16%

This put option trade yields 1.39%, or 5.41% on an annualized basis. At $75.38 per share, NEE yields 2.07%, so I'm boosting dividend income by a factor of 2.61. If the options are exercised, I'll buy 200 shares at a cost basis of $63.95 per share, a discount of 15.16%.

#626 : 2021-03-16: Sold to Open 1 Contract of Option KMB Jul 16 2021 120.00 P

I'm willing to buy 100 shares of Kimberly-Clark Corporation (KMB) for $120.00 per share on or before 16 July. KMB closed at $134.43 per share on the date of my trade:

Open Date :  2021-03-16  
Expiration Date :  2021-07-16    Number of Days in Trade : 122
Price at Close :  $134.43 per shareDiscount at Strike Price : 10.73%
Strike Price :  $120.00 per share
Number of Contracts : 1Number of Shares :100
Put Premium :  $2.15 per shareOptions Income : $215.00
  Commission : -$0.29
Net Premium :  $2.147 per shareNet Options Income : $214.71
Options Yield :  1.60%Annualized Options Yield : 4.78%
----------------------------  ----------------------------------------------------  -----------
  Commission if Exercised : $0.00
Cost Basis if Exercised : $117.85Discount if Exercised : 12.34%

This put option trade yields 1.60%, or 4.78% on an annualized basis. At $134.43 per share, KMB yields 3.39%, so I'm boosting dividend income by a factor of 1.41. If the option is exercised, I'll buy 100 shares at a cost basis of $117.85 per share, a discount of 12.34%.

#625 : 2021-03-16: Sold to Open 2 Contracts of Option ICE Jun 18 2021 95.00 P

I'm willing to buy 200 shares of Intercontinental Exchange, Inc (ICE) for $95.00 per share on or before 18 June. ICE closed at $114.66 per share on the date of my trade:

Open Date :  2021-03-16  
Expiration Date :  2021-06-18    Number of Days in Trade : 94
Price at Close :  $114.66 per shareDiscount at Strike Price : 17.15%
Strike Price :  $95.00 per share
Number of Contracts : 2Number of Shares :200
Put Premium :  $0.75 per shareOptions Income : $150.00
  Commission : -$0.03
Net Premium :  $0.750 per shareNet Options Income : $149.97
Options Yield :  0.65%Annualized Options Yield : 2.54%
----------------------------  ----------------------------------------------------  -----------
  Commission if Exercised : $0.00
Cost Basis if Exercised : $94.25Discount if Exercised : 17.80%

This put option trade yields 0.65%, or 2.54% on an annualized basis. At $114.66 per share, ICE yields 1.15%, so I'm boosting dividend income by a factor of 2.21. If the options are exercised, I'll buy 200 shares at a cost basis of $94.25 per share, a discount of 17.80%.

#624 : 2021-03-16: Sold to Open 1 Contract of Option HSY May 21 2021 140.00 P

I'm willing to buy 100 shares of The Hershey Company (HSY) for $140.00 per share on or before 21 May. HSY closed at $153.49 per share on the date of my trade:

Open Date :  2021-03-16  
Expiration Date :  2021-05-21    Number of Days in Trade : 66
Price at Close :  $153.49 per shareDiscount at Strike Price : 8.79%
Strike Price :  $140.00 per share
Number of Contracts : 1Number of Shares :100
Put Premium :  $1.55 per shareOptions Income : $155.00
  Commission : -$0.29
Net Premium :  $1.547 per shareNet Options Income : $154.71
Options Yield :  1.01%Annualized Options Yield : 5.58%
----------------------------  ----------------------------------------------------  -----------
  Commission if Exercised : $0.00
Cost Basis if Exercised : $138.45Discount if Exercised : 9.80%

This put option trade yields 1.01%, or 5.58% on an annualized basis. At $153.49 per share, HSY yields 2.08%, so I'm boosting dividend income by a factor of 2.68. If the option is exercised, I'll buy 100 shares at a cost basis of $138.45 per share, a discount of 9.80%.

#623 : 2021-03-16: Sold to Open 1 Contract of Option HRL Jun 18 2021 45.00 P

I'm willing to buy 100 shares of Hormel Foods Corporation (HRL) for $45.00 per share on or before 18 June. HRL closed at $48.23 per share on the date of my trade:

Open Date :  2021-03-16  
Expiration Date :  2021-06-18    Number of Days in Trade : 94
Price at Close :  $48.23 per shareDiscount at Strike Price : 6.70%
Strike Price :  $45.00 per share
Number of Contracts : 1Number of Shares :100
Put Premium :  $1.20 per shareOptions Income : $120.00
  Commission : -$0.34
Net Premium :  $1.197 per shareNet Options Income : $119.66
Options Yield :  2.48%Annualized Options Yield : 9.64%
----------------------------  ----------------------------------------------------  -----------
  Commission if Exercised : $0.00
Cost Basis if Exercised : $43.80Discount if Exercised : 9.19%

This put option trade yields 2.48%, or 9.64% on an annualized basis. At $48.23 per share, HRL yields 2.07%, so I'm boosting dividend income by a factor of 4.65. If the option is exercised, I'll buy 100 shares at a cost basis of $43.80 per share, a discount of 9.19%.

#622 : 2021-03-16: Sold to Open 1 Contract of Option EMR Jun 18 2021 85.00 P

I'm willing to buy 100 shares of Emerson Electric Co (EMR) for $85.00 per share on or before 18 June. EMR closed at $89.06 per share on the date of my trade:

Open Date :  2021-03-16  
Expiration Date :  2021-06-18    Number of Days in Trade : 94
Price at Close :  $89.06 per shareDiscount at Strike Price : 4.56%
Strike Price :  $85.00 per share
Number of Contracts : 1Number of Shares :100
Put Premium :  $3.20 per shareOptions Income : $320.00
  Commission : -$0.66
Net Premium :  $3.193 per shareNet Options Income : $319.34
Options Yield :  3.59%Annualized Options Yield : 13.93%
----------------------------  ----------------------------------------------------  -----------
  Commission if Exercised : $0.00
Cost Basis if Exercised : $81.79Discount if Exercised : 8.16%

This put option trade yields 3.59%, or 13.93% on an annualized basis. At $89.06 per share, EMR yields 2.29%, so I'm boosting dividend income by a factor of 6.08. If the option is exercised, I'll buy 100 shares at a cost basis of $81.79 per share, a discount of 8.16%.


#621 : 2021-03-16: Sold to Open 1 Contract of Option ECL Jul 16 2021 190.00 P

I'm willing to buy 100 shares of Ecolab Inc (ECL) for $190.00 per share on or before 16 July. ECL closed at $212.95 per share on the date of my trade:

Open Date :  2021-03-16  
Expiration Date :  2021-07-16    Number of Days in Trade : 122
Price at Close :  $212.95 per shareDiscount at Strike Price : 10.78%
Strike Price :  $190.00 per share
Number of Contracts : 1Number of Shares :100
Put Premium :  $2.65 per shareOptions Income : $265.00
  Commission : -$1.09
Net Premium :  $2.639 per shareNet Options Income : $263.91
Options Yield :  1.24%Annualized Options Yield : 3.71%
----------------------------  ----------------------------------------------------  -----------
  Commission if Exercised : $0.00
Cost Basis if Exercised : $187.34Discount if Exercised : 12.03%

This put option trade yields 1.24%, or 3.71% on an annualized basis. At $212.95 per share, ECL yields 0.90%, so I'm boosting dividend income by a factor of 4.12. If the option is exercised, I'll buy 100 shares at a cost basis of $187.34 per share, a discount of 12.03%.

#620 : 2021-03-16: Sold to Open 1 Contract of Option CAT May 21 2021 180.00 P

I'm willing to buy 100 shares of Caterpillar Inc (CAT) for $180.00 per share on or before 21 May. CAT closed at $226.46 per share on the date of my trade:

Open Date :  2021-03-16  
Expiration Date :  2021-05-21    Number of Days in Trade : 66
Price at Close :  $226.46 per shareDiscount at Strike Price : 20.52%
Strike Price :  $180.00 per share
Number of Contracts : 1Number of Shares :100
Put Premium :  $1.36 per shareOptions Income : $136.00
  Commission : -$0.79
Net Premium :  $1.352 per shareNet Options Income : $135.21
Options Yield :  0.60%Annualized Options Yield : 3.30%
----------------------------  ----------------------------------------------------  -----------
  Commission if Exercised : $0.00
Cost Basis if Exercised : $178.63Discount if Exercised : 21.12%

This put option trade yields 0.60%, or 3.30% on an annualized basis. At $226.46 per share, CAT yields 1.82%, so I'm boosting dividend income by a factor of 1.82. If the option is exercised, I'll buy 100 shares at a cost basis of $178.63 per share, a discount of 21.12%.

#619 : 2021-03-16: Sold to Open 1 Contract of Option ATO Jul 16 2021 80.00 P

I'm willing to buy 100 shares of Atmos Energy Corporation (ATO) for $80.00 per share on or before 16 July. ATO closed at $93.80 per share on the date of my trade:

Open Date :  2021-03-16  
Expiration Date :  2021-07-16    Number of Days in Trade : 122
Price at Close :  $93.80 per shareDiscount at Strike Price : 14.71%
Strike Price :  $80.00 per share
Number of Contracts : 1Number of Shares :100
Put Premium :  $1.70 per shareOptions Income : $170.00
  Commission : -$0.24
Net Premium :  $1.698 per shareNet Options Income : $169.76
Options Yield :  1.81%Annualized Options Yield : 5.42%
----------------------------  ----------------------------------------------------  -----------
  Commission if Exercised : $0.00
Cost Basis if Exercised : $78.30Discount if Exercised : 16.53%

This put option trade yields 1.81%, or 5.42% on an annualized basis. At $93.80 per share, ATO yields 2.69%, so I'm boosting dividend income by a factor of 2.02. If the option is exercised, I'll buy 100 shares at a cost basis of $78.30 per share, a discount of 16.53%.

#618 : 2021-03-16: Sold to Open 1 Contract of Option APD Jun 18 2021 240.00 P

I'm willing to buy 100 shares of Air Products and Chemicals, Inc (APD) for $240.00 per share on or before 18 June. APD closed at $274.51 per share on the date of my trade:

Open Date :  2021-03-16  
Expiration Date :  2021-06-18    Number of Days in Trade : 94
Price at Close :  $274.51 per shareDiscount at Strike Price : 12.57%
Strike Price :  $240.00 per share
Number of Contracts : 1Number of Shares :100
Put Premium :  $4.50 per shareOptions Income : $450.00
  Commission : -$0.25
Net Premium :  $4.498 per shareNet Options Income : $449.75
Options Yield :  1.64%Annualized Options Yield : 6.37%
----------------------------  ----------------------------------------------------  -----------
  Commission if Exercised : $0.00
Cost Basis if Exercised : $235.50Discount if Exercised : 14.21%

This put option trade yields 1.64%, or 6.37% on an annualized basis. At $274.51 per share, APD yields 2.19%, so I'm boosting dividend income by a factor of 2.91. If the option is exercised, I'll buy 100 shares at a cost basis of $235.50 per share, a discount of 14.21%.

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 these put trades but two, those on HSY and HRL, 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. 

IDDATE:NO×TICKER OPTIONINCOME( EXPENSES )ROLLEDTOTAL➤ SECURED
#6352021-03-16:-3×XEL 18 Jun 2021 $55.00 P $       195.00 ( $          -0.34 )$    89,248.50 ➤ $    70,767.50 
#6342021-03-16:-1×WEC 16 Jul 2021 $80.00 P $       210.00 ( $          -0.34 )$    89,053.84 ➤ $    70,767.84 
#6332021-03-16:-3×VZ 18 Jun 2021 $50.00 P $       168.00 ( $          -2.19 )$    88,844.18 ➤ $    70,768.18 
#6322021-03-16:-1×SYK 18 Jun 2021 $200.00 P $       220.00 ( $          -0.24 )$    88,678.37 ➤ $    70,770.37 
#6312021-03-16:-1×RTX 18 Jun 2021 $75.00 P $       340.00 ( $          -0.66 )$    88,458.61 ➤ $    70,770.61 
#6302021-03-16:-2×QCOM 18 Jun 2021 $100.00 P $       208.00 ( $          -0.88 )$    88,119.27 ➤ $    70,771.27 
#6292021-03-16:-1×NOC 21 May 2021 $270.00 P $       330.00 ( $          -0.24 )$    87,912.15 ➤ $    70,772.15 
#6282021-03-16:-3×NNN 18 Jun 2021 $35.00 P $       120.00 ( $          -0.34 )$    87,582.39 ➤ $    70,772.39 
#6272021-03-16:-2×NEE 18 Jun 2021 $65.00 P $       210.00 ( $          -0.22 )$    87,462.73 ➤ $    70,772.73 
#6262021-03-16:-1×KMB 16 Jul 2021 $120.00 P $       215.00 ( $          -0.29 )$    87,252.95 ➤ $    70,772.95 
#6252021-03-16:-2×ICE 18 Jun 2021 $95.00 P $       150.00 ( $          -0.03 )$    87,038.24 ➤ $    70,773.24 
#6242021-03-16:-1×HSY 21 May 2021 $140.00 P $       155.00 ( $          -0.29 )$    86,888.27 ➤ $    70,773.27 
#6232021-03-16:-1×HRL 18 Jun 2021 $45.00 P $       120.00 ( $          -0.34 )$    86,733.56 ➤ $    70,773.56 
#6222021-03-16:-1×EMR 18 Jun 2021 $85.00 P $       320.00 ( $          -0.66 )$    86,613.90 ➤ $    70,773.90 
#6212021-03-16:-1×ECL 16 Mar 2021 $190.00 P $       265.00 ( $          -1.09 )$    86,294.56 ➤ $    70,774.56 
#6202021-03-16:-1×CAT 16 Mar 2021 $180.00 P $       136.00 ( $          -0.79 )$    86,030.65 ➤ $    70,775.65 
#6192021-03-16:-1×ATO 16 Jul 2021 $80.00 P $       170.00 ( $          -0.24 )$    85,895.44 ➤ $    70,776.44 
#6182021-03-16:-1×APD 18 Jun 2021 $240.00 P $       450.00 ( $          -0.25 )$    85,725.68 ➤ $    70,776.68 
#6172021-01-15:-2×TJX 16 Jul 2021 $70.00 C $       985.00 ( $          -0.74 )$    85,275.93 ➤ $    70,776.93 
#6162021-01-15:-1×LOW 19 Mar 2021 $180.00 C $       453.00 ( $          -0.65 )$    84,291.67 ➤ $    70,777.67 
#6152021-01-15:-3×AFL 21 May 2021 $40.00 P $       330.00 ( $          -0.26 )$    83,839.32 ➤ $    70,325.32 
#6142021-01-05:-1×DIS 21 Jan 2022 $170.00 C $    2,401.00 ( $          -0.69 )$    83,509.58 ➤ $    70,325.58 
#6132020-12-30:-1×HRL 18 Jun 2021 $52.50 C $         83.00 ( $          -1.09 )$    81,109.27 ➤ $    70,326.27 
#6122020-12-18:-3×XEL 19 Mar 2021 $55.00 P $       135.00 ( $          -0.04 )$    81,027.36 ➤ $    70,327.36 
#6112020-12-18:-1×WMT 18 Jun 2021 $120.00 P $       224.00 ( $          -0.79 )$    80,892.40 ➤ $    70,192.40 
#6102020-12-18:-3×WFC 19 Feb 2021 $25.00 P $       147.00 ( $          -1.61 )$    80,669.19 ➤ $    70,193.19 
#6092020-12-18:-1×V 18 Jun 2021 $160.00 P $       260.00 ( $          -0.79 )$    80,523.80 ➤ $    70,047.80 
#6082020-12-18:-2×TROW 17 Dec 2021 $175.00 C $    1,443.00 ( $          -1.40 )$    80,264.59 ➤ $    70,048.59 
#6072020-12-18:-2×SPG 19 Feb 2021 $70.00 P $       260.00 ( $          -0.88 )$    78,822.99 ➤ $    70,049.99 
#6062020-12-18:-1×RY 16 Jul 2021 $90.00 C $       125.00 ( $          -0.69 )$    78,563.87 ➤ $    69,790.87 
#6052020-12-18:-1×PM 19 Mar 2021 $90.00 C $       193.00 ( $          -0.64 )$    78,439.56 ➤ $    69,791.56 
#6042020-12-18:-2×PG 18 Jun 2021 $100.00 P $       146.00 ( $          -0.87 )$    78,247.20 ➤ $    69,599.20 
#6032020-12-18:-3×PFE 19 Mar 2021 $50.00 C $       108.00 ( $          -2.21 )$    78,102.07 ➤ $    69,600.07 
#6022020-12-18:-2×PEG 18 Jun 2021 $45.00 P $       200.00 ( $          -0.02 )$    77,996.28 ➤ $    69,494.28 
#6012020-12-18:-2×O 19 Feb 2021 $55.00 P $       180.00 ( $          -0.22 )$    77,796.30 ➤ $    69,494.30 
#6002020-12-18:-2×NKE 16 Apr 2021 $95.00 P $       130.00 ( $          -0.87 )$    77,616.52 ➤ $    69,314.52 
#5992020-12-18:-2×MRK 19 Feb 2021 $70.00 P $       100.00 ( $          -0.87 )$    77,487.39 ➤ $    69,315.39 
#5982020-12-18:-2×MDT 21 May 2021 $85.00 P $       150.00 ( $          -0.87 )$    77,388.26 ➤ $    69,216.26 
#5972020-12-18:-1×MCD 19 Mar 2021 $180.00 P $       145.00 ( $          -0.79 )$    77,239.13 ➤ $    69,217.13 
#5962020-12-18:-2×LYB 19 Mar 2021 $65.00 P $       190.00 ( $          -0.12 )$    77,094.92 ➤ $    69,072.92 
#5952020-12-18:-1×LOW 19 Feb 2021 $140.00 P $       155.00 ( $          -0.79 )$    76,905.04 ➤ $    68,883.04 
#5942020-12-18:-2×LLY 16 Jul 2021 $110.00 P $       190.00 ( $          -0.88 )$    76,750.83 ➤ $    68,728.83 
#5932020-12-18:-3×KO 19 Mar 2021 $60.00 C $         99.00 ( $          -1.31 )$    76,561.71 ➤ $    68,729.71 
#5922020-12-18:-2×JNJ 18 Jun 2021 $110.00 P $       192.00 ( $          -0.88 )$    76,464.02 ➤ $    68,632.02 
#5912020-12-18:-2×ITW 19 Mar 2021 $145.00 P $       150.00 ( $          -0.13 )$    76,272.90 ➤ $    68,632.90 
#5902020-12-18:-3×INTC 18 Jun 2021 $32.50 P $       150.00 ( $          -2.21 )$    76,123.03 ➤ $    68,483.03 
#5892020-12-18:-2×HRL 19 Feb 2021 $44.00 P $       144.00 ( $          -0.23 )$    75,975.24 ➤ $    68,485.24 
#5882020-12-18:-1×HD 16 Apr 2021 $215.00 P $       180.00 ( $          -0.79 )$    75,831.47 ➤ $    68,341.47 
#5872020-12-18:-2×EMR 19 Mar 2021 $60.00 P $         94.00 ( $          -0.87 )$    75,652.26 ➤ $    68,342.26 
#5862020-12-18:-1×CVX 19 Feb 2021 $80.00 P $       282.00 ( $          -1.09 )$    75,559.13 ➤ $    68,249.13 
#5852020-12-18:-3×CSCO 16 Apr 2021 $35.00 P $       129.00 ( $          -3.50 )$    75,278.22 ➤ $    67,968.22 
#5842020-12-18:-2×CMCSA 18 Jun 2021 $60.00 C $       196.00 ( $          -0.73 )$    75,152.72 ➤ $    67,971.72 
#5832020-12-18:-2×CMCSA 18 Jun 2021 $60.00 C $       198.00 ( $          -0.73 )$    74,957.45 ➤ $    67,972.45 
#5822020-12-18:-2×CL 21 May 2021 $65.00 P $       140.00 ( $          -0.87 )$    74,760.18 ➤ $    67,973.18 
#5812020-12-18:-2×BNS 18 Jun 2021 $55.00 C $       400.00 ( $          -0.68 )$    74,621.05 ➤ $    67,974.05 
#5802020-12-18:-3×BEN 16 Apr 2021 $20.00 P $       144.00 ( $          -0.34 )$    74,221.73 ➤ $    67,974.73 
#5792020-12-18:-1×AFL 21 May 2021 $50.00 C $       115.00 ( $          -0.69 )$    74,078.07 ➤ $    67,975.07 
#5782020-12-18:-1×ADP 21 May 2021 $130.00 P $       155.00 ( $          -0.28 )$    73,963.76 ➤ $    67,975.76 
#5772020-12-18:-1×ADP 20 Aug 2021 $200.00 C $       595.00 ( $          -0.70 )$    73,809.04 ➤ $    67,976.04 
#5762020-12-18:-3×ADM 18 Jun 2021 $60.00 C $       156.00 ( $          -1.84 )$    73,214.74 ➤ $    67,976.74 
#5752020-12-18:-2×ABBV 21 Jan 2022 $120.00 C $       857.00 ( $          -0.74 )$    73,060.58 ➤ $    67,978.58 
#5742020-12-11:-2×XOM 16 Apr 2021 $37.50 P $       327.00 ( $          -0.73 )$    72,204.32 ➤ $    67,979.32 
#5732020-12-11:-3×TJX 16 Apr 2021 $50.00 P $       248.00 ( $          -1.84 )$    71,878.05 ➤ $    67,980.05 
#5722020-12-11:-5×T 18 Jun 2021 $37.00 C $       195.00 ( $          -2.43 )$    71,631.89 ➤ $    67,981.89 
#5712020-12-11:-2×SBUX 19 Mar 2021 $85.00 P $       214.00 ( $          -1.28 )$    71,439.32 ➤ $    67,984.32 
#5702020-12-11:-2×PSX 19 Feb 2021 $60.00 P $       544.00 ( $          -0.28 )$    71,226.60 ➤ $    67,771.60 
#5692020-12-11:-2×MO 18 Jun 2021 $50.00 C $       161.00 ( $          -0.73 )$    70,682.88 ➤ $    67,227.88 
#5682020-12-11:-1×MMM 19 Mar 2021 $150.00 P $       260.00 ( $          -0.64 )$    70,522.61 ➤ $    67,228.61 
#5672020-12-11:-1×JNJ 19 Mar 2021 $130.00 P $       155.00 ( $          -0.64 )$    70,263.25 ➤ $    66,969.25 
#5662020-12-11:-1×INTC 18 Jun 2021 $60.00 C $       143.00 ( $          -0.64 )$    70,108.89 ➤ $    66,814.89 
#5652020-12-11:-2×ICE 19 Mar 2021 $95.00 P $       316.00 ( $          -1.38 )$    69,966.53 ➤ $    66,815.53 
#5642020-12-11:-1×HRL 18 Jun 2021 $52.50 C $       108.00 ( $          -0.69 )$    69,651.91 ➤ $    66,500.91 
#5632020-12-11:-2×CMCSA 19 Mar 2021 $45.00 P $       216.00 ( $          -0.73 )$    69,544.60 ➤ $    66,501.60 
#5622020-12-11:-4×AAPL 19 Mar 2021 $85.00 P $       269.00 ( $          -1.50 )$    69,329.33 ➤ $    66,286.33 
#5612020-11-30:-2×XOM 15 Jan 2021 $35.00 P $       128.00 ( $        -42.19 )→ #574$    69,061.83 ➤ $    66,018.83 
#5602020-11-30:-1×TXN 19 Mar 2021 $125.00 P $       164.00 ( $          -0.79 )$    68,976.02 ➤ $    65,933.02 
#5592020-11-30:-1×ORCL 19 Feb 2021 $52.50 P $       103.00 ( $          -0.79 )$    68,812.81 ➤ $    65,769.81 
#5582020-11-30:-1×LOW 15 Jan 2021 $170.00 C $       120.00 ( $        -93.42 )→ #616$    68,710.60 ➤ $    65,667.60 
#5572020-11-30:-1×LLY 15 Jan 2021 $130.00 P $       140.00 ( $          -0.79 )$    68,684.02 ➤ $    65,641.02 
#5562020-11-30:-1×IBM 18 Mar 2021 $140.00 C $       155.00 ( $          -1.09 )$    68,544.81 ➤ $    65,501.81 
#5552020-11-30:-2×GILD 19 Feb 2021 $70.00 C $       114.00 ( $        -56.74 )$    68,390.90 ➤ $    65,347.90 
#5542020-11-30:-1×D 16 Apr 2021 $67.50 P $       112.00 ( $          -0.24 )$    68,333.64 ➤ $    65,290.64 
#5532020-11-30:-2×CSCO 19 Mar 2021 $45.00 C $       270.00 ( $          -0.64 )$    68,221.88 ➤ $    65,290.88 
#5522020-11-27:-3×AFL 19 Feb 2021 $35.00 P $       105.00 ( $        -30.59 )→ #615$    67,952.52 ➤ $    65,021.52 
#5512020-11-19:-2×BEN 18 Dec 2020 $20.00 P $         91.00 ( $          -0.27 )$    67,878.11 ➤ $    64,947.11 
#5502020-10-21:-2×O 18 Dec 2020 $60.00 P $       670.00 ( $          -0.69 )$    67,787.38 ➤ $    64,856.38 
#5492020-10-21:-2×AFL 20 Nov 2020 $37.00 P $       344.00 ( $          -0.68 )$    67,118.07 ➤ $    64,187.07 
#5482020-10-19:-2×SPG 18 Dec 2020 $50.00 P $       162.00 ( $          -0.88 )$    66,774.75 ➤ $    63,843.75 
#5472020-10-19:-1×RY 18 Dec 2020 $75.00 C $       160.00 ( $      -651.02 )→ #606$    66,613.63 ➤ $    63,682.63 
#5462020-10-19:-1×MCD 18 Dec 2020 $200.00 P $       215.00 ( $          -1.09 )$    67,104.65 ➤ $    64,173.65 
#5452020-10-19:-1×LOW 18 Dec 2020 $150.00 P $       220.00 ( $          -0.79 )$    66,890.74 ➤ $    63,959.74 
#5442020-10-19:-1×D 18 Dec 2020 $85.00 C $       115.00 ( $      -172.42 )$    66,671.53 ➤ $    63,740.53 
#5432020-10-19:-2×CMCSA 15 Jan 2021 $40.00 P $       190.00 ( $        -23.60 )→ #563$    66,728.95 ➤ $    63,797.95 
#5422020-10-16:-2×PSX 15 Jan 2021 $50.00 P $       890.00 ( $        -57.96 )→ #570$    66,562.55 ➤ $    63,631.55 
#5412020-10-16:-1×CVX 18 Dec 2020 $70.00 P $       352.00 ( $          -0.64 )$    65,730.51 ➤ $    62,799.51 
#5402020-10-16:-2×CMCSA 18 Dec 2020 $50.00 C $       140.00 ( $      -253.44 )→ #584$    65,379.15 ➤ $    62,448.15 
#5392020-10-16:-2×CMCSA 18 Dec 2020 $47.50 C $       202.00 ( $      -747.60 )→ #583$    65,492.59 ➤ $    62,561.59 
#5382020-10-14:-2×WBA 15 Jan 2021 $35.00 P $       515.00 ( $          -0.73 )$    66,038.19 ➤ $    63,107.19 
#5372020-09-29:-1×LOW 20 Nov 2020 $170.00 C $       575.00 ( $          -0.67 )$    65,523.92 ➤ $    62,592.92 
#5362020-09-29:-2×KO 18 Dec 2020 $55.00 C $         98.00 ( $          -0.87 )$    64,949.59 ➤ $    62,018.59 
#5352020-09-29:-1×INTC 15 Jan 2021 $60.00 C $       102.00 ( $        -11.72 )→ #566$    64,852.46 ➤ $    61,921.46 
#5342020-09-29:-1×IBM 20 Nov 2020 $135.00 C $       105.00 ( $          -1.09 )$    64,762.18 ➤ $    61,831.18 
#5332020-09-29:-2×GILD 20 Nov 2020 $70.00 C $       154.00 ( $          -0.88 )$    64,658.27 ➤ $    61,727.27 
#5322020-09-29:-2×CSCO 20 Nov 2020 $42.00 C $       162.00 ( $          -2.48 )$    64,505.15 ➤ $    61,574.15 
#5312020-09-29:-2×BNS 18 Dec 2020 $45.00 C $       100.00 ( $   -1,670.70 )→ #581$    64,345.63 ➤ $    61,414.63 
#5302020-09-29:-1×BMY 18 Dec 2020 $65.00 C $       115.00 ( $          -0.79 )$    65,916.33 ➤ $    62,985.33 
#5292020-09-29:-1×AFL 15 Jan 2021 $40.00 C $       100.00 ( $      -456.77 )→ #579$    65,802.12 ➤ $    62,871.12 
#5282020-09-29:-1×ADP 15 Jan 2021 $160.00 C $       185.00 ( $   -1,886.77 )→ #577$    66,158.89 ➤ $    63,227.89 
#5272020-09-29:-3×ADM 18 Dec 2020 $50.00 C $       300.00 ( $        -18.59 )→ #576$    67,860.66 ➤ $    64,929.66 
#5262020-09-21:-2×WFC 18 Dec 2020 $20.00 P $       136.00 ( $          -0.87 )$    67,579.25 ➤ $    64,648.25 
#5252020-09-21:-2×PSX 15 Jan 2021 $75.00 C $       164.00 ( $      -167.10 )$    67,444.12 ➤ $    64,513.12 
#5242020-09-21:-1×PM 18 Dec 2020 $80.00 C $       230.00 ( $      -568.42 )→ #605$    67,447.22 ➤ $    64,516.22 
#5232020-09-21:-2×PEG 18 Dec 2020 $45.00 P $       230.00 ( $          -0.22 )$    67,785.64 ➤ $    64,854.64 
#5222020-09-21:-1×ORCL 20 Nov 2020 $55.00 P $       118.00 ( $          -0.79 )$    67,555.86 ➤ $    64,624.86 
#5212020-09-21:-1×LYB 18 Dec 2020 $65.00 P $       400.00 ( $          -0.24 )$    67,438.65 ➤ $    64,507.65 
#5202020-08-31:-2×EMR 18 Dec 2020 $57.50 P $       284.00 ( $          -0.66 )$    67,038.89 ➤ $    64,107.89 
#5192020-08-27:-2×LLY 20 Nov 2020 $125.00 P $       365.00 ( $          -1.60 )$    66,755.55 ➤ $    63,824.55 
#5182020-08-24:-2×CMCSA 16 Oct 2020 $40.00 P $       112.00 ( $          -0.89 )$    66,392.15 ➤ $    63,461.15 
#5172020-08-24:-2×AFL 20 Nov 2020 $32.50 P $       180.00 ( $        -74.87 )→ #549$    66,281.04 ➤ $    63,350.04 
#5162020-08-21:-2×XOM 20 Nov 2020 $35.00 P $       218.00 ( $          -0.90 )$    66,175.91 ➤ $    63,244.91 
#5152020-08-21:-2×XEL 18 Dec 2020 $60.00 P $       266.00 ( $          -1.40 )$    65,958.81 ➤ $    63,027.81 
#514b2020-08-21:-1×WBA 16 Oct 2020 $37.50 P $       105.67 ( $          -0.73 )$    65,694.21 ➤ $    62,763.21 
#514a2020-08-21:-2×WBA 16 Oct 2020 $37.50 P $       211.33 ( $      -427.17 )→ #538$    65,589.27 ➤ $    62,658.27 
#5132020-08-21:-1×TXN 20 Nov 2020 $105.00 P $       125.00 ( $          -0.65 )$    65,805.11 ➤ $    62,874.11 
#5122020-08-21:-1×SPG 16 Oct 2020 $60.00 P $       420.00 ( $          -0.68 )$    65,680.76 ➤ $    62,749.76 
#5112020-08-21:-2×PSX 16 Oct 2020 $55.00 P $       370.00 ( $      -730.87 )→ #542$    65,261.44 ➤ $    62,330.44 
#5102020-08-21:-1×O 18 Dec 2020 $50.00 P $       135.00 ( $        -55.69 )→ #550$    65,622.31 ➤ $    62,691.31 
#5092020-08-21:-1×O 18 Dec 2020 $50.00 P $       132.00 ( $        -56.04 )→ #550$    65,542.99 ➤ $    62,611.99 
#5082020-08-21:-1×NKE 16 Oct 2020 $95.00 P $       117.00 ( $          -1.59 )$    65,467.03 ➤ $    62,536.03 
#5072020-08-21:-2×MSFT 15 Jan 2021 $155.00 P $       558.00 ( $          -0.90 )$    65,351.62 ➤ $    62,420.62 
#5062020-08-21:-1×JNJ 15 Jan 2021 $120.00 P $       136.00 ( $        -10.43 )→ #567$    64,794.52 ➤ $    61,863.52 
#5052020-08-21:-1×CVX 16 Oct 2020 $75.00 P $       159.00 ( $      -153.73 )→ #541$    64,668.95 ➤ $    61,737.95 
#5042020-08-21:-4×AAPL 15 Jan 2021 $75.00 P $       371.00 ( $        -47.14 )→ #562$    64,663.68 ➤ $    61,732.68 
#5032020-08-21:-8×AAPL 15 Jan 2021 $75.00 P $       731.00 ( $        -91.72 )$    64,339.82 ➤ $    61,408.82 
#5022020-07-24:-5×T 15 Jan 2021 $35.00 C $       232.00 ( $        -64.90 )→ #572$    63,700.54 ➤ $    60,769.54 
#5012020-07-24:-1×RY 16 Oct 2020 $75.00 C $       110.00 ( $          -1.10 )$    63,533.44 ➤ $    60,602.44 
#5002020-07-24:-2×PSX 20 Nov 2020 $85.00 C $       190.00 ( $        -24.67 )→ #525$    63,424.54 ➤ $    60,493.54 
#4992020-07-24:-1×PM 18 Sep 2020 $80.00 C $       162.00 ( $          -1.10 )$    63,259.21 ➤ $    60,328.21 
#4982020-07-24:-3×PFE 18 Dec 2020 $45.00 C $       210.00 ( $          -1.34 )$    63,098.31 ➤ $    60,167.31 
#4972020-07-24:-2×MO 15 Jan 2021 $50.00 C $       130.00 ( $        -12.31 )→ #569$    62,889.65 ➤ $    59,958.65 
#4962020-07-24:-1×MCD 16 Oct 2020 $165.00 P $       162.00 ( $          -0.80 )$    62,771.96 ➤ $    59,840.96 
#4952020-07-23:-2×WFC 15 Jan 2021 $32.50 C $       220.00 ( $        -59.97 )$    62,610.76 ➤ $    59,679.76 
#4942020-07-23:-2×TJX 15 Jan 2021 $65.00 C $       310.00 ( $      -607.12 )→ #617$    62,450.73 ➤ $    59,519.73 
#4932020-07-23:-1×SPG 15 Jan 2021 $100.00 C $       232.00 ( $        -31.88 )$    62,747.85 ➤ $    59,816.85 
#4922020-07-23:-1×ROST 15 Jan 2021 $120.00 C $       150.00 ( $      -155.18 )$    62,547.73 ➤ $    59,616.73 
#4912020-07-23:-1×PEG 18 Sep 2020 $55.00 P $       360.00 ( $          -0.30 )$    62,552.91 ➤ $    59,621.91 
#4902020-07-23:-1×LYB 18 Sep 2020 $60.00 P $       225.00 ( $          -0.35 )$    62,193.21 ➤ $    59,262.21 
#4892020-07-23:-1×LOW 16 Oct 2020 $125.00 P $       222.00 ( $          -0.80 )$    61,968.56 ➤ $    59,037.56 
#488b2020-07-23:-1×DIS 15 Jan 2021 $150.00 C $       195.00 ( $   -2,182.08 )→ #614$    61,747.36 ➤ $    58,816.36 
#488a2020-07-23:-1×DIS 15 Jan 2021 $150.00 C $       195.00 ( $   -2,858.53 )$    63,734.44 ➤ $    60,803.44 
#4872020-07-23:-1×D 16 Oct 2020 $85.00 C $       164.00 ( $          -1.10 )$    66,397.97 ➤ $    63,466.97 
#4862020-07-23:-2×CMCSA 16 Oct 2020 $47.50 C $       108.00 ( $          -2.89 )→ #539$    66,235.07 ➤ $    63,304.07 
#4852020-07-16:-2×TROW 15 Jan 2021 $135.00 C $    2,202.00 ( $   -3,154.71 )→ #608$    66,129.96 ➤ $    63,198.96 
#4842020-06-30:-1×PEG 17 Jul 2020 $50.00 P $       185.00 ( $          -0.35 )$    67,082.67 ➤ $    64,151.67 
#4832020-06-25:-2×PEG 21 Aug 2020 $45.00 P $       380.00 ( $          -0.20 )$    66,898.02 ➤ $    63,967.02 
#4822020-06-25:-1×LYB 17 Jul 2020 $61.00 P $       335.00 ( $          -0.25 )$    66,518.22 ➤ $    63,587.22 
#4812020-06-23:-2×WFC 18 Sep 2020 $22.50 P $       188.00 ( $          -0.90 )$    66,183.47 ➤ $    63,252.47 
#4802020-06-23:-3×WBA 21 Aug 2020 $40.00 P $       489.00 ( $      -110.52 )→ #514$    65,996.37 ➤ $    63,065.37 
#4792020-06-23:-3×CMCSA 21 Aug 2020 $32.50 P $       132.00 ( $          -1.34 )$    65,617.89 ➤ $    62,686.89 
#4782020-06-23:-2×AFL 21 Aug 2020 $35.00 P $       390.00 ( $          -0.90 )$    65,487.23 ➤ $    62,556.23 
#4772020-06-22:-2×XEL 16 Oct 2020 $55.00 P $       260.00 ( $        -47.59 )→ #515$    65,098.13 ➤ $    62,167.13 
#4762020-06-22:-1×WMT 18 Dec 2020 $100.00 P $       240.00 ( $          -0.80 )$    64,885.72 ➤ $    61,954.72 
#4752020-06-22:-1×ORCL 18 Sep 2020 $50.00 P $       148.00 ( $          -0.80 )$    64,646.52 ➤ $    61,715.52 
#4742020-06-22:-1×O 18 Sep 2020 $50.00 P $       180.00 ( $        -17.94 )→ #510$    64,499.32 ➤ $    61,568.32 
#4732020-06-22:-1×HRL 18 Dec 2020 $40.00 P $       105.00 ( $          -0.35 )$    64,337.26 ➤ $    61,406.26 
#4722020-06-16:-2×MSFT 16 Oct 2020 $145.00 P $       462.00 ( $        -88.37 )→ #507$    64,232.61 ➤ $    61,301.61 
#4712020-06-16:-2×AAPL 18 Sep 2020 $250.00 P $       560.00 ( $        -31.09 )→ #503$    63,858.98 ➤ $    60,927.98 
#4702020-05-28:-3×CMCSA 17 Jul 2020 $35.00 P $       150.00 ( $          -2.21 )$    63,330.07 ➤ $    60,399.07 
#4692020-04-17:-1×TXN 18 Sep 2020 $95.00 P $       660.00 ( $          -6.30 )→ #513$    63,182.28 ➤ $    60,251.28 
#4682020-04-17:-1×LOW 17 Jul 2020 $90.00 P $       702.00 ( $          -0.66 )$    62,528.58 ➤ $    59,597.58 
#4672020-03-19:-1×SPG 15 May 2020 $40.00 P $       560.00 ( $          -0.81 )$    61,827.24 ➤ $    58,896.24 
#4662020-03-19:-1×O 19 Jun 2020 $37.50 P $       350.00 ( $          -0.30 )$    61,268.05 ➤ $    58,337.05 
#4652020-03-19:-1×NNN 19 Jun 2020 $22.50 P $       190.00 ( $          -0.30 )$    60,918.35 ➤ $    57,987.35 
#4642020-03-19:-2×MAIN 17 Apr 2020 $15.00 P $       380.00 ( $            0.00 )$    60,728.65 ➤ $    57,797.65 
#4632020-03-18:-1×HRL 15 Jan 2021 $52.50 C $       520.00 ( $          -7.93 )→ #564$    60,348.65 ➤ $    57,417.65 
#4622020-03-16:-3×TJX 15 Jan 2021 $45.00 P $    2,450.00 ( $        -46.66 )→ #573$    59,836.58 ➤ $    56,905.58 
#4612020-03-16:-2×SBUX 15 Jan 2021 $65.00 P $    2,603.00 ( $        -10.62 )→ #571$    57,433.24 ➤ $    54,502.24 
#4602020-03-16:-1×MMM 15 Jan 2021 $130.00 P $    2,344.00 ( $        -15.33 )→ #568$    54,840.86 ➤ $    51,909.86 
#4592020-03-16:-2×ICE 15 Jan 2021 $75.00 P $    2,235.00 ( $        -38.00 )→ #565$    52,512.19 ➤ $    49,581.19 
#4582020-03-09:-1×LYB 15 Jan 2021 $70.00 P $    1,590.00 ( $   -3,100.61 )$    50,315.19 ➤ $    47,384.19 
#4572020-03-09:-1×HRL 19 Jun 2020 $40.00 P $       155.00 ( $          -0.35 )$    51,825.80 ➤ $    48,894.80 
#456b2020-03-09:-2×BEN 20 Nov 2020 $22.50 P $       910.67 ( $      -352.23 )→ #551$    51,671.15 ➤ $    48,740.15 
#456a2020-03-09:-1×BEN 20 Nov 2020 $22.50 P $       455.33 ( $          -0.48 )$    51,112.71 ➤ $    48,181.71 
#4552020-03-02:-1×UNP 15 May 2020 $145.00 P $       535.00 ( $          -0.81 )$    50,657.86 ➤ $    47,726.86 
#4542020-03-02:-1×SBUX 17 Apr 2020 $70.00 P $       111.00 ( $      -978.44 )→ #461$    50,123.67 ➤ $    47,192.67 
#4532020-02-11:-1×MSFT 15 Jan 2021 $155.00 P $       633.00 ( $          -1.11 )$    50,991.11 ➤ $    48,060.11 
#4522020-02-11:-1×INTC 15 Jan 2021 $50.00 P $       139.00 ( $          -0.80 )$    50,359.22 ➤ $    48,061.22 
#4512020-02-11:-1×AAPL 15 Jan 2021 $255.00 P $       865.00 ( $      -221.74 )→ #504$    50,221.02 ➤ $    47,923.02 
#4502020-01-21:-1×TXN 17 Apr 2020 $115.00 P $       128.00 ( $      -306.44 )→ #469$    49,577.76 ➤ $    47,279.76 
#4492020-01-21:-2×TJX 17 Apr 2020 $67.50 C $       110.00 ( $          -0.01 )$    49,756.20 ➤ $    47,458.20 
#4482020-01-21:-2×ORCL 19 Jun 2020 $47.50 P $       150.00 ( $          -1.49 )$    49,646.21 ➤ $    47,348.21 
#4472020-01-21:-2×GILD 15 May 2020 $55.00 P $       162.00 ( $          -0.89 )$    49,497.70 ➤ $    47,199.70 
#4462020-01-21:-2×CSX 15 May 2020 $67.50 P $       240.00 ( $   -3,201.79 )$    49,336.59 ➤ $    47,038.59 
#4452020-01-15:-2×KO 18 Sep 2020 $55.00 C $       717.00 ( $          -9.85 )$    52,298.38 ➤ $    50,000.38 
#4442020-01-15:-1×D 17 Jul 2020 $82.50 C $       267.00 ( $          -0.30 )$    51,591.23 ➤ $    49,293.23 
#4432020-01-15:-2×CMCSA 17 Jul 2020 $47.50 C $       402.00 ( $          -1.50 )$    51,324.53 ➤ $    49,026.53 
#4422020-01-15:-3×BEN 17 Jul 2020 $27.50 P $       978.00 ( $   -2,502.74 )→ #456$    50,924.03 ➤ $    48,626.03 
#4412020-01-08:-5×T 21 Jan 2022 $40.00 C $    1,452.00 ( $      -289.58 )→ #502$    52,448.77 ➤ $    50,150.77 
#4402019-12-18:-2×XEL 19 Jun 2020 $55.00 P $       150.00 ( $          -0.21 )$    51,286.35 ➤ $    48,988.35 
#4392019-12-18:-1×TSM 21 Jan 2022 $60.00 C $       808.00 ( $          -0.31 )$    51,136.56 ➤ $    48,838.56 
#4382019-12-18:-2×TJX 17 Apr 2020 $55.00 P $       174.00 ( $   -2,476.67 )→ #462$    50,328.87 ➤ $    48,838.87 
#4372019-12-18:-1×SBUX 21 Feb 2020 $85.00 P $       187.00 ( $          -0.80 )$    52,631.54 ➤ $    51,141.54 
#4362019-12-18:-1×PSX 21 Feb 2020 $110.00 P $       270.00 ( $          -0.35 )$    52,445.34 ➤ $    50,955.34 
#4352019-12-18:-1×LYB 20 Mar 2020 $80.00 P $       120.00 ( $   -1,755.58 )→ #458$    52,175.69 ➤ $    50,685.69 
#4342019-12-18:-1×ICE 19 Jun 2020 $85.00 P $       195.00 ( $   -1,285.58 )→ #459$    53,811.27 ➤ $    52,321.27 
#4332019-12-18:-2×HRL 20 Mar 2020 $40.00 P $       104.00 ( $        -19.90 )$    54,901.85 ➤ $    53,411.85 
#4322019-12-18:-1×AMT 17 Apr 2020 $180.00 P $       200.00 ( $          -0.35 )$    54,817.75 ➤ $    53,327.75 
#4312019-12-18:-1×ABT 15 May 2020 $75.00 P $       117.00 ( $          -0.80 )$    54,618.10 ➤ $    53,128.10 
#4302019-12-12:-2×TROW 17 Jul 2020 $120.00 C $    2,209.00 ( $   -2,601.93 )→ #485$    54,501.90 ➤ $    53,011.90 
#4292019-11-27:-1×SBUX 17 Apr 2020 $77.50 P $       158.00 ( $   -1,543.17 )→ #461$    54,894.83 ➤ $    53,404.83 
#4282019-11-26:-1×WMT 19 Jun 2020 $100.00 P $       158.00 ( $          -0.65 )$    56,280.00 ➤ $    54,790.00 
#4272019-11-26:-1×V 20 Mar 2020 $155.00 P $       127.00 ( $        -11.19 )$    56,122.65 ➤ $    54,632.65 
#4262019-11-26:-1×UNP 21 Feb 2020 $160.00 P $       217.00 ( $          -0.80 )$    56,006.84 ➤ $    54,516.84 
#4252019-11-26:-1×NKE 17 Apr 2020 $77.50 P $       102.00 ( $          -1.10 )$    55,790.64 ➤ $    54,300.64 
#4242019-11-26:-1×MSFT 20 Mar 2020 $130.00 P $       119.00 ( $          -8.37 )$    55,689.74 ➤ $    54,199.74 
#4232019-11-26:-1×MRK 17 Apr 2020 $75.00 P $       107.00 ( $          -0.80 )$    55,579.11 ➤ $    54,089.11 
#4222019-11-26:-1×MMM 17 Apr 2020 $160.00 P $    3,441.00 ( $          -1.45 )→ #460$    55,472.91 ➤ $    53,982.91 
#4212019-11-26:-1×MCD 20 Mar 2020 $170.00 P $       126.00 ( $        -10.32 )$    52,033.36 ➤ $    50,543.36 
#4202019-11-26:-1×LOW 17 Apr 2020 $95.00 P $       111.00 ( $        -41.44 )→ #468$    51,917.68 ➤ $    50,427.68 
#4192019-11-26:-1×LLY 17 Apr 2020 $100.00 P $       140.00 ( $        -10.74 )$    51,848.12 ➤ $    50,358.12 
#4182019-11-26:-1×JNJ 20 Mar 2020 $120.00 P $       115.00 ( $          -9.89 )$    51,718.86 ➤ $    50,228.86 
#4172019-11-26:-1×ICE 19 Jun 2020 $80.00 P $       133.00 ( $   -1,000.59 )→ #459$    51,613.75 ➤ $    50,123.75 
#4162019-11-13:-2×XOM 17 Apr 2020 $75.00 C $       194.00 ( $        -11.74 )$    52,481.34 ➤ $    50,991.34 
#4152019-11-13:-1×WFC 19 Jun 2020 $60.00 C $       112.00 ( $        -10.19 )$    52,299.08 ➤ $    50,809.08 
#4142019-11-13:-1×TXN 17 Jan 2020 $110.00 P $       144.00 ( $          -1.10 )$    52,197.27 ➤ $    50,707.27 
#4132019-11-13:-5×SKT 19 Jun 2020 $20.00 C $       120.00 ( $        -30.70 )$    52,054.37 ➤ $    50,564.37 
#4122019-11-13:-1×PM 19 Jun 2020 $100.00 C $       102.00 ( $          -0.65 )$    51,965.07 ➤ $    50,475.07 
#4112019-11-13:-1×JNJ 20 Mar 2020 $140.00 C $       163.00 ( $          -0.65 )$    51,863.72 ➤ $    50,373.72 
#4102019-11-13:-1×IBM 17 Apr 2020 $120.00 P $       269.00 ( $        -10.59 )$    51,701.37 ➤ $    50,211.37 
#4092019-11-13:-2×ABBV 15 Jan 2021 $90.00 C $    1,310.00 ( $   -2,759.24 )→ #575$    51,442.96 ➤ $    49,952.96 
#4082019-10-18:-2×TSM 15 Jan 2021 $50.00 C $    1,083.00 ( $            0.00 )$    52,892.20 ➤ $    51,402.20 
#4072019-10-18:-2×TROW 20 Dec 2019 $115.00 C $       339.00 ( $   -2,090.59 )→ #430$    51,809.20 ➤ $    50,319.20 
#4062019-10-18:-2×TJX 17 Jan 2020 $65.00 C $       188.00 ( $            0.00 )$    53,560.79 ➤ $    52,070.79 
#4052019-10-18:-1×ADM 20 Mar 2020 $45.00 C $         53.00 ( $          -1.10 )$    53,372.79 ➤ $    51,882.79 
#4042019-10-01:-1×TJX 17 Apr 2020 $50.00 P $       180.00 ( $      -802.24 )→ #462$    53,320.89 ➤ $    51,830.89 
#4032019-10-01:-1×SNA 15 Nov 2019 $145.00 P $       260.00 ( $          -0.35 )$    53,943.13 ➤ $    52,453.13 
#4022019-10-01:-3×PFE 20 Mar 2020 $40.00 C $       132.00 ( $          -1.13 )$    53,683.48 ➤ $    52,193.48 
#4012019-10-01:-1×MRK 15 Nov 2019 $80.00 P $       127.00 ( $          -1.58 )$    53,552.61 ➤ $    52,062.61 
#4002019-10-01:-1×MDT 17 Jan 2020 $100.00 P $       196.00 ( $          -0.80 )$    53,427.19 ➤ $    51,937.19 
#3992019-10-01:-1×HRL 20 Mar 2020 $47.50 C $       125.00 ( $      -280.83 )→ #463$    53,231.99 ➤ $    51,741.99 
#3982019-10-01:-2×ADM 20 Mar 2020 $45.00 C $       160.00 ( $          -0.99 )$    53,387.82 ➤ $    51,897.82 
#3972019-10-01:-2×ADM 15 Nov 2019 $40.00 P $       228.00 ( $          -1.00 )$    53,228.81 ➤ $    51,738.81 
#3962019-09-20:-1×ORCL 17 Jan 2020 $52.50 P $       213.00 ( $          -1.59 )$    53,001.81 ➤ $    51,511.81 
#3952019-09-20:-1×MSFT 21 Jan 2022 $155.00 C $    1,490.00 ( $          -0.68 )$    52,790.40 ➤ $    51,300.40 

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.

April 2021:

#6002020-12-18:-2×NKE 16 Apr 2021 $95.00 P $       130.00 ( $          -0.87 )→ Out of the money with a  41% safety margin  
#5882020-12-18:-1×HD 16 Apr 2021 $215.00 P $       180.00 ( $          -0.79 ) → Out of the money with a  47% safety margin  
#5852020-12-18:-3×CSCO 16 Apr 2021 $35.00 P $       129.00 ( $          -3.50 ) → Out of the money with a  48% safety margin  
#5802020-12-18:-3×BEN 16 Apr 2021 $20.00 P $       144.00 ( $          -0.34 )→ Out of the money with a  52% safety margin  
#5742020-12-11:-2×XOM 16 Apr 2021 $37.50 P $       327.00 ( $          -0.73 )→ Out of the money with a  49% safety margin  
#5732020-12-11:-3×TJX 16 Apr 2021 $50.00 P $       248.00 ( $          -1.84 )→ Out of the money with a  38% safety margin  
#5542020-11-30:-1×D 16 Apr 2021 $67.50 P $       112.00 ( $          -0.24 )
→ Out of the money with a  13% safety margin  

May 2021:

#6292021-03-16:-1×NOC 21 May 2021 $270.00 P $       330.00 ( $          -0.24 )
→ Out of the money with a  25% safety margin  
#6242021-03-16:-1×HSY 21 May 2021 $140.00 P $       155.00 ( $          -0.29 )
→ Out of the money with a  3% safety margin  
#6152021-01-15:-3×AFL 21 May 2021 $40.00 P $       330.00 ( $          -0.26 )
→ Out of the money with a  29% safety margin  
#5982020-12-18:-2×MDT 21 May 2021 $85.00 P $       150.00 ( $          -0.87 )
→ Out of the money with a  42% safety margin  
#5822020-12-18:-2×CL 21 May 2021 $65.00 P $       140.00 ( $          -0.87 )
→ Out of the money with a  23% safety margin  
#5792020-12-18:-1×AFL 21 May 2021 $50.00 C $       115.00 ( $          -0.69 )→ Out of the money with a  3% safety margin  
#5782020-12-18:-1×ADP 21 May 2021 $130.00 P $       155.00 ( $          -0.28 )
→ Out of the money with a  44% safety margin  

All these options are out-of-the-money by large margins, except for two: the HSY put option and the AFL covered call option, both expiring in May. The April expirations seem in pretty good shape.  

Concluding Remarks


I'm happy to say that March turned out to be a good month for options trading! I'm back in positive territory now and starting to make strides towards my annual options income goal for 2021. To achieve my goal, I'd have to collect $24,000 – $2,217 = $21,783 in options income in the 9 remaining months of 2021. That's an average of $2,420 per month. 

March 2021

Total
Options Income
Secured
Options Income
End of Month:
$ 89,249
$ 70,768
Previous Month:
85,276
67,191
This Month:
$  3,973
$  3,577

In 57 months of options trading, I've collected options income totaling $89,249.

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