Monday, January 23, 2017

Covered call close: ABT

I sold 1 ABT Jan18'19 45 CALL @ 3.5 on 01/10/17, and I closed it at $2.95 on 1/23/17.

Net profit after commission is $51.82.  Return rate is 1.33%, annualized at 10.81% on invested capital .

Thursday, January 5, 2017

Dividend Stock Purchase: XOM

Today I also bought 40 shares XOM at $89 in my ROTH IRA account.


Date 1/5/2017
Strategy Dividend stock purchase
Account ROTH IRA
Symbol XOM
Shares 40
Purchase price $89.00
Total cost w/ commission $3,567.00
Annual dividend $3.00
Initial dividend yield 3.37%
Annual dividend income increase $120.00
Comment 1) It's not a very good purchase price considering current price trend.  But I am fine with it because I want to gradually accumulate energy stock shares.
2) From the daily chart, it seems that a better purchase price is around $82-$83.  I'll wait that price range to add more shares or sell puts in my brokerage account.

Cash Secured Put Selling: TGT

 Today I sold (1) TGT Feb17'17 65 PUT @ 0.6.