Optional Reading
An introduction to a way of thinking about options trading.
Tuesday, January 1, 2013
December 31, 2012 Update
Cash: $ (4,703.42)
Accrued Dividends: 190.00
Interest Accruals: (8.70)
Stocks: 121,134.05
Options: (8,853.20)
Account Value: $107,758.73
Equity: $116,655.24
Margin Requirement: 80,536.67
Available Funds: 36,118.57
Regulation T Margin Requirement: 110,376.90
Special Memorandum Acct: 23,035.14
The account value of $107,758.73 compares with the value a month earlier of $112,716.23, a return of -4.40%. However, this does not take into account $7,500.00 withdrawn from the account during the month. Adding this in to the final value gives a return for the month of 2.26%.
This compares with the change in the S&P 500 Index from 1,416.18 to 1,426.19. Adding an estimate of a quarter percent dividend payment (one twelfth of 3%), this gives a return of 0.96% for the S&P 500, so my portfolio outperformed the market in the month of December.
December 31, 2012 Trades and Update
Opened:
Pos Symbol Price Comm Net
-3 DOW 22JUN13 25.0 P 0.68 1.15 (202.85)
-4 JPM 21SEP13 25.0 P 0.40 1.53 (158.47)
Also on December 31, $10.00 in dividends were paid on 100 shares of FTR.
December 28, 2012 Trade and Update
Opened:
Pos Symbol Price Comm Net
-1 FTR 17AUG13 5.0 C 0.15 0.26 (14.74)
Also on December 28, $172.00 in dividends were paid on 400 shares of ARCC.
December 27, 2012 Trades
Opened:
Pos Symbol Price Comm Net
-2 CVS 17AUG13 35.0 P 0.41 1.52 (80.48)
-3 LLY 16FEB13 47.0 P 0.38 2.29 (111.71)
-2 PNC 17AUG13 40.0 P 0.58 0.76 (115.24)
-2 PSX 17AUG13 35.0 P 1.10 -0.07 (220.07)
-3 RIG 17AUG13 30.0 P 0.75 1.15 (223.85)
December 26, 2012 Trades and Update
Opened:
Pos Symbol Price Comm Net
-2 ABT 17AUG13 50.0 P 0.52 0.76 (103.24)
-3 AFL 17AUG13 40.0 P 1.05 1.15 (313.85)
-2 RIG 16FEB13 47.0 C 1.07 1.53 (212.47)
-1 UNP 17AUG13 100.0 P 2.52 0.69 (251.31)
Also on December 26, $102.00 in dividends were paid on 200 shares of CSE. Part of this was from a $0.50 per share bonus dividend, which resulted in the CSE 19-Jan-13 7.0 call options to have their strike price reduced to $6.50.
Pos Symbol Price Comm Net
-2 ABT 17AUG13 50.0 P 0.52 0.76 (103.24)
-3 AFL 17AUG13 40.0 P 1.05 1.15 (313.85)
-2 RIG 16FEB13 47.0 C 1.07 1.53 (212.47)
-1 UNP 17AUG13 100.0 P 2.52 0.69 (251.31)
Also on December 26, $102.00 in dividends were paid on 200 shares of CSE. Part of this was from a $0.50 per share bonus dividend, which resulted in the CSE 19-Jan-13 7.0 call options to have their strike price reduced to $6.50.
December 24, 2012 Trade
Opened:
Pos Symbol Price Comm Net
-4 MCHP 16FEB13 30.0 P 0.40 -0.15 (160.15)
Sunday, December 23, 2012
December 21, 2012 Options Expirations and Update
Closed:
Pos Symbol Price Comm Net
-2 RIG 22DEC12 47.0 C 0.00 0.00 0.00
Basis 11/19/2012: (199.22)
Profit/(Loss): 199.22
-5 CREE 22DEC12 15.0 P 0.00 0.00 0.00
Basis 05/21/2012: (473.57)
Profit/(Loss): 473.57
Value 08/31/2012: (68.97)
Post-August Profit/(Loss): 68.97
-4 DOW 22DEC12 25.0 P 0.00 0.00 0.00
Basis 04/26/2012: (338.85)
Profit/(Loss): 338.85
Value 08/31/2012: (248.12)
Post-August Profit/(Loss): 248.12
-3 NE 22DEC12 30.0 P 0.00 0.00 0.00
Basis 04/23/2012: (496.72)
Profit/(Loss): 496.72
Value 08/31/2012: (199.08)
-3 NE 22DEC12 30.0 P 0.00 0.00 0.00
Basis 04/23/2012: (496.72)
Profit/(Loss): 496.72
Value 08/31/2012: (199.08)
Post-August Profit/(Loss): 199.08
-3 POT 22DEC12 32.5 P 0.00 0.00 0.00
Basis 04/23/2012: (387.82)
Profit/(Loss): 387.82
Value 08/31/2012: (150.20)
-3 POT 22DEC12 32.5 P 0.00 0.00 0.00
Basis 04/23/2012: (387.82)
Profit/(Loss): 387.82
Value 08/31/2012: (150.20)
Post-August Profit/(Loss): 150.20
-5 TIE 22DEC12 10.0 P 0.00 0.00 0.00
Basis 04/23/2012: (222.37)
Profit/(Loss): 222.37
Value 08/31/2012: (142.82)
Also since the last update, $7,500.00 was withdrawn from the account on December 4, $112.50 in dividends was paid on December 1 for 500 shares INTC, $82.50 was paid December 12 on 300 shares WAG, $142.00 was paid December 14 on 400 shares WM, $172.00 in dividends became payable December 12 on 400 shares ARCC, $102.00 became payable December 18 on 200 shares CSE, $10.00 became payable December 5 on 100 shares FTR, $190.00 became payable December 20 on 1,000 shares GE, $6.56 interest accrued and $8.33 was paid.
-5 TIE 22DEC12 10.0 P 0.00 0.00 0.00
Basis 04/23/2012: (222.37)
Profit/(Loss): 222.37
Value 08/31/2012: (142.82)
Post-August Profit/(Loss): 142.82
Also since the last update, $7,500.00 was withdrawn from the account on December 4, $112.50 in dividends was paid on December 1 for 500 shares INTC, $82.50 was paid December 12 on 300 shares WAG, $142.00 was paid December 14 on 400 shares WM, $172.00 in dividends became payable December 12 on 400 shares ARCC, $102.00 became payable December 18 on 200 shares CSE, $10.00 became payable December 5 on 100 shares FTR, $190.00 became payable December 20 on 1,000 shares GE, $6.56 interest accrued and $8.33 was paid.
Subscribe to:
Posts (Atom)