Expiration Report for Fri 06/25/21

The following Cash Secured Put (CSP) positions were closed this week. All prices include TD commissions.

* denotes trades that were previously rolled.

Stock	Opened	Closed	Days	Shrs	Strikes	ProbOTM	Margin	P/L	ROI	AROI
DIA	6/10/2021	6/25/2021	15	100	$337.00	79%	$33,700.00	$115.47	0.34%	8.34%
IWM	6/10/2021	6/24/2021	14	100	$221.00	80%	$22,100.00	$111.47	0.50%	13.15%
QQQ	6/10/2021	6/23/2021	13	100	$325.00	86%	$32,500.00	$107.47	0.33%	9.28%
SPY	6/10/2021	6/24/2021	14	100	$411.00	81%	$41,100.00	$139.47	0.34%	8.85%
XLE	6/10/2021	6/23/2021	13	100	$53.00	78%	$5,300.00	$37.47	0.71%	19.85%
XLI	6/10/2021	6/24/2021	14	100	$99.50	87%	$9,950.00	$36.47	0.37%	9.56%
XLK	6/10/2021	6/22/2021	12	100	$135.00	85%	$13,500.00	$37.47	0.28%	8.44%
XLY	6/3/2021	6/23/2021	20	100	$164.00	88%	$16,400.00	$34.47	0.21%	3.84%
			14				$174,550.00	$619.76	0.36%	9.26%

New Trades

The following Cash Secured Put (CSP) positions were established today. All prices include TD commissions.

Stock	Opened	ExpDate	Days	Shrs	Strikes	ProbOTM	Margin	P/L	ROI	AROI
DIA	6/25/2021	7/9/2021	14	100	$336.00	82%	$33,600.00	$88.48	0.26%	6.87%
IWM	6/25/2021	7/9/2021	14	100	$225.00	85%	$22,500.00	$83.48	0.37%	9.67%
QQQ	6/25/2021	7/9/2021	14	100	$338.00	84%	$33,800.00	$106.48	0.32%	8.21%
SPY	6/25/2021	7/9/2021	14	100	$417.00	81%	$41,700.00	$110.48	0.26%	6.91%
XLE	6/25/2021	7/9/2021	14	100	$53.00	80%	$5,300.00	$29.48	0.56%	14.50%
XLI	6/25/2021	7/9/2021	14	100	$100.00	82%	$10,000.00	$35.48	0.35%	9.25%
XLK	6/25/2021	7/9/2021	14	100	$140.00	86%	$14,000.00	$32.48	0.23%	6.05%
XLV	6/25/2021	7/9/2021	14	100	$123.00	79%	$12,300.00	$38.48	0.31%	8.16%
XLY	6/25/2021	7/9/2021	14	100	$172.00	86%	$17,200.00	$39.48	0.23%	5.98%
			14				$190,400.00	$564.32	0.30%	7.73%

Expiration Report for Fri 06/18/21

The following Cash Secured Put (CSP) positions were closed this week. All prices include TD commissions.

* denotes trades that were previously rolled.

Stock	Opened	Closed	Days	Shrs	Strikes	ProbOTM	Margin	P/L	ROI	AROI
IWM	6/3/2021	6/17/2021	14	100	$212.00	87%	$21,200.00	$85.47	0.40%	10.51%
QQQ	6/3/2021	6/16/2021	13	100	$312.00	86%	$31,200.00	$111.47	0.36%	10.03%
QQQ	6/3/2021	6/17/2021	14	100	$316.00	82%	$31,600.00	$159.47	0.50%	13.16%
SPY	6/3/2021	6/17/2021	14	100	$400.00	87%	$40,000.00	$113.47	0.28%	7.40%
XLE	6/3/2021	6/16/2021	13	100	$52.00	85%	$5,200.00	$20.47	0.39%	11.05%
XLK	6/4/2021	6/16/2021	12	100	$133.00	88%	$13,300.00	$31.47	0.24%	7.20%
XLV	6/3/2021	6/10/2021	7	100	$118.00	83%	$11,800.00	$30.47	0.26%	13.46%
XLY	6/3/2021	6/14/2021	11	100	$160.00	89%	$16,000.00	$36.47	0.23%	7.56%
			12				$170,300.00	$588.76	0.35%	10.52%

New Trades

The following Cash Secured Put (CSP) positions were established today. All prices include TD commissions.

Stock	Opened	ExpDate	Days	Shrs	Strikes	ProbOTM	Margin	P/L	ROI	AROI
IWM	6/17/2021	7/2/2021	15	100	$217.00	83%	$21,700.00	$111.48	0.51%	12.50%
QQQ	6/17/2021	7/2/2021	15	100	$328.00	83%	$32,800.00	$112.48	0.34%	8.34%
SPY	6/17/2021	7/2/2021	15	100	$407.00	83%	$40,700.00	$147.48	0.36%	8.82%
XLE	6/17/2021	7/2/2021	15	100	$50.50	82%	$5,050.00	$37.48	0.74%	18.06%
XLK	6/17/2021	7/2/2021	15	100	$121.00	88%	$12,100.00	$39.48	0.33%	7.94%
XLV	6/17/2021	7/2/2021	15	100	$136.00	84%	$13,600.00	$35.48	0.26%	6.35%
XLY	6/17/2021	7/2/2021	15	100	$165.00	86%	$16,500.00	$47.48	0.29%	7.00%
			15				$100,250.00	$408.92	0.41%	9.93%

Rolled Trades

The following Cash Secured Put (CSP) positions were rolled today. All prices include TD commissions.

All positions were rolled down and out for a net credit, bringing in additional premium and reducing margin requirements.

Date	Stock	Trade	Premium	Margin	Debit/Credit	Margin Effect	BP Effect
6/3/2021	DIA	Sell 1 Jun 18 '21 333 Put	$83.48	($33,300.00)
6/17/2021	DIA	Buy 1 Jun 18 '21 333 Put	($56.52)	$33,300.00
6/17/2021	DIA	Sell 1 Jul 2 '21 330 Put	$176.49	($33,000.00)	$119.97	($300.00)	$419.97
	DIA	Totals	$203.45	($33,000.00)	$119.97	($300.00)	$419.97

 

Date	Stock	Trade	Premium	Margin	Debit/Credit	Margin Effect	BP Effect
6/4/2021	SPY	Sell 1 Jun 18 '21 408 Put	$130.48	($40,800.00)
6/17/2021	SPY	Buy 1 Jun 18 '21 408 Put	($22.52)	$40,800.00
6/17/2021	SPY	Sell 1 Jul 2 '21 400 Put	$127.49	($40,000.00)	$104.97	($800.00)	$904.97
	SPY	Totals	$235.45	($40,000.00)	$104.97	($800.00)	$904.97

 

Date	Stock	Trade	Premium	Margin	Debit/Credit	Margin Effect	BP Effect
6/3/2021	XLI	Sell 1 Jun 18 '21 99 Put	$30.48	($9,900.00)
6/17/2021	XLI	Buy 1 Jun 18 '21 99 Put	($22.52)	$9,900.00
6/17/2021	XLI	Sell 1 Jul 2 '21 98 Put	$78.49	($9,800.00)	$55.97	($100.00)	$155.97
	XLI	Totals	$86.45	($9,800.00)	$55.97	($100.00)	$155.97

 

Date	Stock	Trade	Premium	Margin	Debit/Credit	Margin Effect	BP Effect
6/3/2021	XLB	Sell 1 Jun 18 '21 84 Put	$33.48	($8,400.00)
6/17/2021	XLB	Buy 1 Jun 18 '21 84 Put	($254.52)	$8,400.00
6/17/2021	XLB	Sell 1 Sep 17 '21 81 Put	$313.49	($8,100.00)	$58.97	($300.00)	$358.97
	XLB	Totals	$92.45	($8,100.00)	$58.97	($300.00)	$358.97

Expiration Report for Fri 06/11/21

The following Cash Secured Put (CSP) positions were closed this week. All prices include TD commissions.

* denotes trades that were previously rolled.

Stock	Opened	Closed	Days	Shrs	Strikes	ProbOTM	Margin	P/L	ROI	AROI
DIA	5/27/2021	6/10/2021	14	100	$336.00	80%	$33,600.00	$103.47	0.31%	8.03%
IWM	5/27/2021	6/8/2021	12	100	$216.00	82%	$21,600.00	$101.47	0.47%	14.29%
QQQ	5/27/2021	6/10/2021	14	100	$320.00	82%	$32,000.00	$133.47	0.42%	10.87%
SPY	5/27/2021	6/10/2021	14	100	$405.00	85%	$40,500.00	$103.47	0.26%	6.66%
XLE	5/27/2021	6/3/2021	7	100	$50.00	77%	$5,000.00	$31.47	0.63%	32.82%
XLI	5/27/2021	6/11/2021	15	100	$101.50	83%	$10,150.00	$28.47	0.28%	6.83%
XLK	5/27/2021	6/7/2021	11	100	$131.00	88%	$13,100.00	$29.47	0.22%	7.46%
XLV	5/27/2021	6/9/2021	13	100	$119.50	83%	$11,950.00	$29.47	0.25%	6.92%
XLY*	4/30/2021	6/10/2021	41	100	$170.00	87%	$17,000.00	$128.44	0.76%	6.73%
			16				$184,900.00	$689.20	0.37%	8.50%

New Trades

The following Cash Secured Put (CSP) positions were established today. All prices include TD commissions.

Stock	Opened	ExpDate	Days	Shrs	Strikes	ProbOTM	Margin	P/L	ROI	AROI
DIA	6/10/2021	6/25/2021	15	100	$337.00	79%	$33,700.00	$119.48	0.35%	8.63%
IWM	6/10/2021	6/25/2021	15	100	$221.00	80%	$22,100.00	$116.48	0.53%	12.83%
QQQ	6/10/2021	6/25/2021	15	100	$325.00	86%	$32,500.00	$112.48	0.35%	8.42%
SPY	6/10/2021	6/25/2021	15	100	$411.00	81%	$41,100.00	$143.48	0.35%	8.49%
XLE	6/10/2021	6/25/2021	15	100	$53.00	78%	$5,300.00	$42.48	0.80%	19.50%
XLI	6/10/2021	6/25/2021	15	100	$99.50	87%	$9,950.00	$41.48	0.42%	10.14%
XLK	6/10/2021	6/25/2021	15	100	$135.00	85%	$13,500.00	$42.48	0.31%	7.66%
XLY	6/3/2021	6/25/2021	22	100	$164.00	88%	$16,400.00	$39.48	0.24%	3.99%
			16				$174,550.00	$657.84	0.38%	8.60%

Why the Switch from Dividend Stocks to ETF's?

Some of you may be wondering why I decided to switch from trading individual dividend stocks to ETF's. Here are my reasons.

The switch occurred in 2020 due to the COVID-19 pandemic, which created an unstable economic environment. Individual stocks became too risky, since there was no way to tell how badly the companies would be impacted. So, that was the original reason to switch to ETF's. More diversification and less overall risk.

Since then, I found that trading ETF's was a lot less work.

With individual dividend stocks, the universe of potential stocks was in the hundreds. I had to develop and maintain customized software to download and analyze dividend stocks and their options, and then screen for potential trades. I also had to analyze each potential company's financial statements, and check each for news, ex-dividend, and earnings announcements occuring before expiration. This was a very time consuming process.

With ETF's, especially trading the major market ETF's like DIA, IWM, QQQ, SPY, and the XLx SPDR Sector ETF's, the universe is very small. There's no need for customized software, instead I use Thinkorswim scans to find potential trades. There's also no need to worry about earnings announcements, and only a few news worthy economic events that have the potential to move the market. These ETF's also provide less risk, since they're diversified, are extremely unlikely to fall to zero or go bankrupt, and have a long term bullish bias.

As I approach retirement at the end of July, making the switch to ETF's made even more sense. It takes a lot less time to establish and manage ETF positions, therefore providing me with more free time to enjoy my retirement. Will I ever return to trading individual dividend stocks? Maybe, if circumstances change, but until then, I'll continue trading ETF's as long as they continue to meet my income goals.

Expiration Report for Fri 06/04/21

The following Cash Secured Put (CSP) positions were closed this week. All prices include TD commissions.

* denotes trades that were previously rolled.

Stock	Opened	Closed	Days	Shrs	Strikes	ProbOTM	Margin	P/L	ROI	AROI
DIA	5/21/2021	6/4/2021	14	100	$331.00	83%	$33,100.00	$109.47	0.33%	8.62%
IWM	5/21/2021	6/1/2021	11	100	$207.00	87%	$20,700.00	$74.47	0.36%	11.94%
QQQ*	5/7/2021	6/3/2021	27	100	$318.00	82%	$31,800.00	$288.44	0.91%	12.26%
QQQ	5/21/2021	6/2/2021	12	100	$311.00	85%	$31,100.00	$131.47	0.42%	12.86%
QQQ	5/21/2021	6/1/2021	11	100	$306.00	90%	$30,600.00	$83.47	0.27%	9.05%
SPY	5/21/2021	6/2/2021	12	100	$400.00	82%	$40,000.00	$146.47	0.37%	11.14%
SPY	5/21/2021	6/1/2021	11	100	$395.00	87%	$39,500.00	$102.47	0.26%	8.61%
XLK	5/21/2021	6/2/2021	12	100	$125.00	92%	$12,500.00	$27.47	0.22%	6.68%
			14				$239,300.00	$963.73	0.40%	10.50%

New Trades

The following Cash Secured Put (CSP) positions were established today. All prices include TD commissions.

Stock	Opened	ExpDate	Days	Shrs	Strikes	ProbOTM	Margin	P/L	ROI	AROI
SPY	6/4/2021	6/18/2021	14	100	$408.00	83%	$40,800.00	$130.48	0.32%	8.34%
XLK	6/4/2021	6/18/2021	14	100	$133.00	88%	$13,300.00	$36.48	0.27%	7.15%
			14				$54,100.00	$166.96	0.31%	8.05%

New Trades

The following Cash Secured Put (CSP) positions were established today. All prices include TD commissions.

Stock	Opened	ExpDate	Days	Shrs	Strikes	ProbOTM	Margin	P/L	ROI	AROI
DIA	6/3/2021	6/18/2021	15	100	$333.00	86%	$33,300.00	$83.48	0.25%	6.10%
IWM	6/3/2021	6/18/2021	15	100	$212.00	87%	$21,200.00	$90.48	0.43%	10.39%
QQQ	6/3/2021	6/18/2021	15	100	$312.00	86%	$31,200.00	$116.48	0.37%	9.08%
QQQ	6/3/2021	6/18/2021	15	100	$316.00	82%	$31,600.00	$164.48	0.52%	12.67%
SPY	6/3/2021	6/18/2021	15	100	$400.00	87%	$40,000.00	$118.48	0.30%	7.21%
XLB	6/3/2021	6/18/2021	15	100	$84.00	83%	$8,400.00	$33.48	0.40%	9.70%
XLE	6/3/2021	6/18/2021	15	100	$52.00	85%	$5,200.00	$25.48	0.49%	11.92%
XLI	6/3/2021	6/18/2021	15	100	$99.00	88%	$9,900.00	$30.48	0.31%	7.49%
XLV	6/3/2021	6/18/2021	15	100	$118.00	83%	$11,800.00	$35.48	0.30%	7.32%
XLY	6/3/2021	6/18/2021	15	100	$160.00	89%	$16,000.00	$41.48	0.26%	6.31%
			15				$208,600.00	$739.80	0.35%	8.63%