Wednesday, September 25, 2013

HFC - Adjustment

The following adjustment was made today on HollyFrontier (HFC). All prices include IB commissions.

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/25/2013HFCContinued TradeSTO 1 Oct13 42.50 Call @ 1.29  $128.93

Current Position Summary

Cost Basis($4,250.00)
Income Generated$194.86
Percent Income Generated4.58%
Annualized Income Generated32.18%
Net Profit If Closed$194.86
Percent Return If Closed4.58%
Annualized Return If Closed32.18%
Days Held to Expiration52 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/27/2013HFCCSP Margin UsedCSP 100 HFC @ 42.50 ($4,250.00) 
8/27/2013HFCInitial Put OptionSTO 1 Sep13 42.50 Put @ 0.66Exercised $65.93
9/20/2013HFCCSP Margin ReturnedCSP 100 HFC @ -42.50 $4,250.00 
9/20/2013HFCStock AssignedEX 1 Sep13 42.50 Put @ -42.50 ($4,250.00) 
9/25/2013HFCContinued TradeSTO 1 Oct13 42.50 Call @ 1.29  $128.93
10/18/2013HFC Totals ($4,250.00)$194.86
DTE52 Percent Income/Annualized 4.58%32.18%

New Position Summary

I've decided to post a summary of new positions rather than post each individual position as I have in the past. This not only saves me time but also reduces the number of blog posts. I'll also post a summary of closed positions at the end of each expiration. The only time I'll post individual positions is when a position has more than one trade so that you can see the trade history. For all single trade positions, only a summary will be posted.

The following positions were established today. All prices include IB commissions.

StockPriceTypeStrikeEXPDTDTEInvestedIncomeROIAROI
BEN$50.46P$48.3310/18/201323$4,833.00$64.931.34%21.32%
BRCM$26.79P$26.0010/18/201323$2,600.00$33.931.31%20.71%
CHK$26.46P$25.0010/18/201323$2,500.00$26.931.08%17.09%
CLX$83.14P$82.5010/18/201323$8,250.00$93.931.14%18.07%
CMP$75.94P$75.0010/18/201323$7,500.00$104.111.39%22.03%
CVE$30.25P$30.0010/18/201323$3,000.00$43.931.46%23.24%
EEM$41.65P$40.5010/18/201323$4,050.00$44.931.11%17.61%
GDX$25.37P$22.5010/18/201323$2,250.00$21.250.94%14.99%
HCN$63.53P$62.5010/18/201323$6,250.00$78.931.26%20.04%
HCP$41.51P$40.0010/18/201323$4,000.00$38.930.97%15.45%
KIM$20.25P$20.0010/18/201323$2,000.00$34.111.71%27.07%
NBL$67.23P$65.0010/18/201323$6,500.00$63.930.98%15.61%
ORCL$33.94P$33.0010/18/201323$3,300.00$30.930.94%14.87%
PG$78.54P$77.5010/18/201323$7,750.00$89.931.16%18.41%
QCOM$68.61P$67.5010/18/201323$6,750.00$82.231.22%19.33%
SVXY$111.17P$90.0010/18/201323$9,000.00$95.931.07%16.92%
SYY$32.01P$32.0010/18/201323$3,200.00$54.631.71%27.09%
TAP$50.23P$50.0010/18/201323$5,000.00$78.931.58%25.05%
TBT$75.12P$72.0010/18/201323$7,200.00$78.931.10%17.40%
USO$37.29P$36.0010/18/201323$3,600.00$33.930.94%14.96%

Definition of Terms

Type - P=CSP (Cash Secured Put) and C=CC (Covered Call)

EXPDT - Expiration Date.

DTE - Days until expiration.

ROI - Return on Investment.

AROI - Annualized Return on Investment.

Sunday, September 22, 2013

XEC - Closed

The Cimarex Energy (XEC) Sep13 75.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis$7,500.00
Net Profit$118.93
Percent Return1.59%
Annualized Return18.67%
Days Held to Expiration31 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/20/2013XECCSP Margin UsedCSP 100 XEC @ 75.00 ($7,500.00) 
8/20/2013XECInitial Put OptionSTO 1 Sep13 75.00 Put @ 1.19Expired $118.93
9/20/2013XECCSP Margin ReturnedCSP 100 XEC @ -75.00  $7,500.00
9/20/2013XEC Net Cost/Profit-Loss ($7,500.00)$118.93
DTE31 Percent Profit-Loss/Annualized 1.59%18.67%

VTR - Closed

The Ventas (VTR) Sep13 60.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis$6,000.00
Net Profit$59.93
Percent Return1.00%
Annualized Return15.19%
Days Held to Expiration24 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/27/2013VTRCSP Margin UsedCSP 100 VTR @ 60.00 ($6,000.00) 
8/27/2013VTRInitial Put OptionSTO 1 Sep13 60.00 Put @ 0.60Expired $59.93
9/20/2013VTRCSP Margin ReturnedCSP 100 VTR @ -60.00  $6,000.00
9/20/2013VTR Net Cost/Profit-Loss ($6,000.00)$59.93
DTE24 Percent Profit-Loss/Annualized 1.00%15.19%

USO - Closed

The United States Oil (USO) Sep13 36.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis$3,600.00
Net Profit$42.25
Percent Return1.17%
Annualized Return13.82%
Days Held to Expiration31 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/20/2013USOCSP Margin UsedCSP 100 USO @ 36.00 ($3,600.00) 
8/20/2013USOInitial Put OptionSTO 1 Sep13 36.00 Put @ 0.42Expired $42.25
9/20/2013USOCSP Margin ReturnedCSP 100 USO @ -36.00  $3,600.00
9/20/2013USO Net Cost/Profit-Loss ($3,600.00)$42.25
DTE31 Percent Profit-Loss/Annualized 1.17%13.82%

TBT - Closed

The ProShares UltraShort 20+ Year Treasury (TBT) Sep13 75.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis$7,500.00
Net Profit$73.93
Percent Return0.99%
Annualized Return11.61%
Days Held to Expiration31 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/20/2013TBTCSP Margin UsedCSP 100 TBT @ 75.00 ($7,500.00) 
8/20/2013TBTInitial Put OptionSTO 1 Sep13 75.00 Put @ 0.74Expired $73.93
9/20/2013TBTCSP Margin ReturnedCSP 100 TBT @ -75.00  $7,500.00
9/20/2013TBT Net Cost/Profit-Loss ($7,500.00)$73.93
DTE31 Percent Profit-Loss/Annualized 0.99%11.61%

SVXY - Closed

The ProShares Short VIX Short-Term Futures (SVXY) Sep13 76.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis$7,600.00
Net Profit$89.63
Percent Return1.18%
Annualized Return13.89%
Days Held to Expiration31 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/20/2013SVXYCSP Margin UsedCSP 100 SVXY @ 76.00 ($7,600.00) 
8/20/2013SVXYInitial Put OptionSTO 1 Sep13 76.00 Put @ 0.90Expired $89.63
9/20/2013SVXYCSP Margin ReturnedCSP 100 SVXY @ -76.00  $7,600.00
9/20/2013SVXY Net Cost/Profit-Loss ($7,600.00)$89.63
DTE31 Percent Profit-Loss/Annualized 1.18%13.89%

OXY - Closed

The Occidental Petroleum Corporation (OXY) Sep13 85.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis$8,500.00
Net Profit$86.93
Percent Return1.02%
Annualized Return17.78%
Days Held to Expiration21 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/30/2013OXYCSP Margin UsedCSP 100 OXY @ 85.00 ($8,500.00) 
8/30/2013OXYInitial Put OptionSTO 1 Sep13 85.00 Put @ 0.87Expired $86.93
9/20/2013OXYCSP Margin ReturnedCSP 100 OXY @ -85.00  $8,500.00
9/20/2013OXY Net Cost/Profit-Loss ($8,500.00)$86.93
DTE21 Percent Profit-Loss/Annualized 1.02%17.78%

NUE - Closed

The Nucor Corporation (NUE) Sep13 44.00 Put expired and the position was closed. All prices include IB commissions.

Closed Position Summary

Cost Basis$4,400.00
Net Profit$44.31
Percent Return1.01%
Annualized Return17.50%
Days Held to Expiration21 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/30/2013NUECSP Margin UsedCSP 100 NUE @ 44.00 ($4,400.00) 
8/30/2013NUEInitial Put OptionSTO 1 Sep13 44.00 Put @ 0.44Expired $44.31
9/20/2013NUECSP Margin ReturnedCSP 100 NUE @ -44.00  $4,400.00
9/20/2013NUE Net Cost/Profit-Loss ($4,400.00)$44.31
DTE21 Percent Profit-Loss/Annualized 1.01%17.50%

NSC - Closed

The Norfolk Southern Corporation (NSC) Sep13 70.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis$7,000.00
Net Profit$69.63
Percent Return0.99%
Annualized Return17.29%
Days Held to Expiration21 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/30/2013NSCCSP Margin UsedCSP 100 NSC @ 70.00 ($7,000.00) 
8/30/2013NSCInitial Put OptionSTO 1 Sep13 70.00 Put @ 0.70Expired $69.63
9/20/2013NSCCSP Margin ReturnedCSP 100 NSC @ -70.00  $7,000.00
9/20/2013NSC Net Cost/Profit-Loss ($7,000.00)$69.63
DTE21 Percent Profit-Loss/Annualized 0.99%17.29%

MSFT - Closed

The Microsoft (MSFT) Sep13 30.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis$3,000.00
Net Profit$33.11
Percent Return1.10%
Annualized Return12.99%
Days Held to Expiration31 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/20/2013MSFTCSP Margin UsedCSP 100 MSFT @ 30.00 ($3,000.00) 
8/20/2013MSFTInitial Put OptionSTO 1 Sep13 30.00 Put @ 0.33Expired $33.11
9/20/2013MSFTCSP Margin ReturnedCSP 100 MSFT @ -30.00  $3,000.00
9/20/2013MSFT Net Cost/Profit-Loss ($3,000.00)$33.11
DTE31 Percent Profit-Loss/Annualized 1.10%12.99%

JCI - Closed

The Johnson Controls (JCI) Sep13 39.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis$3,900.00
Net Profit$38.93
Percent Return1.00%
Annualized Return17.35%
Days Held to Expiration21 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/30/2013JCICSP Margin UsedCSP 100 JCI @ 39.00 ($3,900.00) 
8/30/2013JCIInitial Put OptionSTO 1 Sep13 39.00 Put @ 0.39Expired $38.93
9/20/2013JCICSP Margin ReturnedCSP 100 JCI @ -39.00  $3,900.00
9/20/2013JCI Net Cost/Profit-Loss ($3,900.00)$38.93
DTE21 Percent Profit-Loss/Annualized 1.00%17.35%

ITC - Closed

The ITC Holdings (ITC) Sep13 85.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis$8,500.00
Net Profit$95.93
Percent Return1.13%
Annualized Return17.16%
Days Held to Expiration24 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/27/2013ITCCSP Margin UsedCSP 100 ITC @ 85.00 ($8,500.00) 
8/27/2013ITCInitial Put OptionSTO 1 Sep13 85.00 Put @ 0.96Expired $95.93
9/20/2013ITCCSP Margin ReturnedCSP 100 ITC @ -85.00  $8,500.00
9/20/2013ITC Net Cost/Profit-Loss ($8,500.00)$95.93
DTE24 Percent Profit-Loss/Annualized 1.13%17.16%

GDX - Closed

The Market Vectors Gold Miners (GDX) Sep13 25.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis$2,500.00
Net Profit$24.93
Percent Return1.00%
Annualized Return17.33%
Days Held to Expiration21 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/30/2013GDXCSP Margin UsedCSP 100 GDX @ 25.00 ($2,500.00) 
8/30/2013GDXInitial Put OptionSTO 1 Sep13 25.00 Put @ 0.25Expired $24.93
9/20/2013GDXCSP Margin ReturnedCSP 100 GDX @ -25.00  $2,500.00
9/20/2013GDX Net Cost/Profit-Loss ($2,500.00)$24.93
DTE21 Percent Profit-Loss/Annualized 1.00%17.33%

EXPD - Closed

The Expeditors International (EXPD) Sep13 42.00 Call was exercised and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis$4,250.00
Net Profit$197.59
Percent Return4.65%
Annualized Return7.13%
Days Held to Expiration238 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/25/2013EXPDCSP Margin UsedCSP 100 EXPD @ 42.50 ($4,250.00) 
1/25/2013EXPDInitial Put OptionSTO 1 Mar13 42.50 Put @ 0.91Expired $91.11
3/15/2013EXPDCSP Margin ReturnedCSP 100 EXPD @ -42.50   
3/15/2013EXPDStock AssignedEX 1 Mar13 42.50 Put @ -42.50  $0.00
6/17/2013EXPDDividend ReceivedDIV 100 Dividend @ 0.30  $30.00
8/6/2013EXPDContinued TradeSTO 1 Aug13 42.50 Call @ 0.80Expired $79.63
9/2/2013EXPDContinued TradeSTO 1 Sep13 42.00 Call @ 0.47Exercised $46.93
9/20/2013EXPDStock CalledEX 1 Sep13 42.00 Call @ 42.00  $4,199.92
9/20/2013EXPD Net Cost/Profit-Loss ($4,250.00)$197.59
DTE238 Percent Profit-Loss/Annualized 4.65%7.13%

EEM - Closed

The iShares MSCI Emerging Markets Index (EEM) Sep13 36.50 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis$3,650.00
Net Profit$38.25
Percent Return1.05%
Annualized Return12.34%
Days Held to Expiration31 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/20/2013EEMCSP Margin UsedCSP 100 EEM @ 36.50 ($3,650.00) 
8/20/2013EEMInitial Put OptionSTO 1 Sep13 36.50 Put @ 0.38Expired $38.25
9/20/2013EEMCSP Margin ReturnedCSP 100 EEM @ -36.50  $3,650.00
9/20/2013EEM Net Cost/Profit-Loss ($3,650.00)$38.25
DTE31 Percent Profit-Loss/Annualized 1.05%12.34%

CHK - Closed

The Chesapeake Energy (CHK) Sep13 24.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis$2,400.00
Net Profit$38.93
Percent Return1.62%
Annualized Return19.10%
Days Held to Expiration31 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/20/2013CHKCSP Margin UsedCSP 100 CHK @ 24.00 ($2,400.00) 
8/20/2013CHKInitial Put OptionSTO 1 Sep13 24.00 Put @ 0.39Expired $38.93
9/20/2013CHKCSP Margin ReturnedCSP 100 CHK @ -24.00  $2,400.00
9/20/2013CHK Net Cost/Profit-Loss ($2,400.00)$38.93
DTE31 Percent Profit-Loss/Annualized 1.62%19.10%

BRCM - Closed

The Broadcom (BRCM) Sep13 24.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis$2,400.00
Net Profit$40.48
Percent Return1.69%
Annualized Return25.65%
Days Held to Expiration24 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/27/2013BRCMCSP Margin UsedCSP 100 BRCM @ 24.00 ($2,400.00) 
8/27/2013BRCMInitial Put OptionSTO 1 Sep13 24.00 Put @ 0.40Expired $40.48
9/20/2013BRCMCSP Margin ReturnedCSP 100 BRCM @ -24.00  $2,400.00
9/20/2013BRCM Net Cost/Profit-Loss ($2,400.00)$40.48
DTE24 Percent Profit-Loss/Annualized 1.69%25.65%

BEN - Closed

The Franklin Resources (BEN) Sep13 45.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis$4,500.00
Net Profit$59.11
Percent Return1.31%
Annualized Return15.47%
Days Held to Expiration31 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/20/2013BENCSP Margin UsedCSP 100 BEN @ 45.00 ($4,500.00) 
8/20/2013BENInitial Put OptionSTO 1 Sep13 45.00 Put @ 0.59Expired $59.11
9/20/2013BENCSP Margin ReturnedCSP 100 BEN @ -45.00  $4,500.00
9/20/2013BEN Net Cost/Profit-Loss ($4,500.00)$59.11
DTE31 Percent Profit-Loss/Annualized 1.31%15.47%

Tuesday, September 3, 2013

EXPD - Adjustment

The following adjustment was made today on Expeditors International (EXPD). All prices include IB commissions.

CriteriaValue
Dividend Champions StatusContender
Years of Consecutive Dividend Increases18
Fair Value Estimate$47.00*
Target Buy Price$32.90
Target Margin of Safety30.00%
Actual Buy Price$42.50
Actual Margin of Safety9.57%

*Fair Value was lowered from $51 to $47 since inception which lowered my 16.67% Margin of Safety to 9.57%.

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/2/2013EXPDContinued TradeSTO 1 Sep13 42.00 Call @ 0.47  $46.93

Current Position Summary

Cost Basis($4,250.00)
Income Generated$247.67
Percent Income Generated5.83%
Annualized Income Generated8.94%
Net Profit If Closed$197.67
Percent Return If Closed4.65%
Annualized Return If Closed7.13%
Days Held to Expiration238 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/25/2013EXPDCSP Margin UsedCSP 100 EXPD @ 42.50 ($4,250.00) 
1/25/2013EXPDInitial Put OptionSTO 1 Mar13 42.50 Put @ 0.91Expired $91.11
3/15/2013EXPDCSP Margin ReturnedCSP 100 EXPD @ -42.50 $4,250.00 
3/15/2013EXPDStock AssignedEX 1 Mar13 42.50 Put @ -42.50 ($4,250.00) 
6/17/2013EXPDDividend ReceivedDIV 100 Dividend @ 0.30  $30.00
8/6/2013EXPDContinued TradeSTO 1 Aug13 42.50 Call @ 0.80Expired $79.63
9/2/2013EXPDContinued TradeSTO 1 Sep13 42.00 Call @ 0.47  $46.93
9/20/2013EXPD Totals ($4,250.00)$247.67
DTE238 Percent Income/Annualized 5.83%8.94%