Monday, February 22, 2016

Time to dump some positions...again

Most of these companies have had insane runs since the middle of last month. I couldn't resist locking in some gains especially considering my portfolio has gained about $6k in the last week.

My Exxon shares will most likely be called away by the end of this week.

I'll be watching for falling prices from here. :-)


Wednesday, February 17, 2016

Recent sale --- WMT & Shell

The recent run up in oil prices has given a good opportunity to lighten my position.

  • RDS-b:  157.89 shares @ $46.24
  • WMT:  42.09 share @ $66.21

Total proceeds from these transactions is $10,073.81.  My yearly dividends will decrease by $676.16.

I was a little under water in both companies and I can use the short term loss to help lower my options gains.

In a perfect world 31 days from now both will be trading 20% lower. :-)


Saturday, February 13, 2016

Option trades for $1800....Alex!!!

Here are a few of my closed options transactions for the year. I have not been posting these as it takes too much time to go over the details of each transaction.

I started the year with long term Call purchases on CAT, WMT, and CSCO (CSCO still open and upside down but getting better recently), but have moved to shorter term contracts.

I also continue to sell covered Calls on XOM, BP, and Shell. Some of these are weekly Calls and some are longer term. I have been pretty lucky as I have not lost any shares yet. I do have an XOM $79 call expiring at the end of February that could be in jeopardy. No biggie. I'll just buy back the shares later or invest in something else.

The one put I purchased as you can see below was a $50 VZ that I closed out of pretty quick.

That fucking ESV continues to get me even in option trading....LOL.

Also I have noticed buying $29 BP calls and selling $32 BP covered calls has been working pretty well so far.

Anyway, I will be happy to answer any questions in the comments section.


Thursday, February 11, 2016

A few more buys....IBM, BA, & ADM

Once again the market is tanking and I am buying.

  • IBM:  13 shares @ $118.26 --- Yield  4.40%
  • BA:  15 shares @ $106.86 --- Yield  4.08%
  • ADM:  48 shares @ $32.18 --- Yield  3.73%

Total capital invested is $4684.85 and the combined yield is 4.07%. These purchases will increase my yearly dividends by 190.60.

The Boeing and IBM purchases are quite a bit below my cost basis and the ADM purchase is slightly higher than my basis.


Tuesday, February 9, 2016

Well F@ck It....HCP one FINAL time

I need some serious fucking therapy....

  • HCP:  50 shares @ $27.82 --- Yield 8.27% (Starting to resemble ARCP circa 2014)

Total capital invested is $1397.95 and for the third time my dividends will increase by $115.00. My cost basis is now a tad over $30.

I am going to turn off the computer before or I may end up losing even more fingers.


HCP.....again?? Limit order filled

Well, I didn't expect my $29.99 limit order to get filled so quickly....I guess if I liked HCP at $33 yesterday I should love it below $30 today, right??

  • HCP:  50 shares @ $29.99 --- Yield  7.67%

Total capital invested invested is $1506.45 and will again increase my dividends by $115.00. 

At this pace HCP will be yielding 10% by the end of the week. I'll most likely look outside the REIT space if I decide to make any more purchases this month. I don't want to be overloaded in any one sector again. I am still trying to diversify out of my energy positions. Luckily many sectors are in bear market or even 50% haircut territory.


Monday, February 8, 2016

Recent Buy --- HCP

Today I added a new position to my portfolio.It's been almost two weeks since I last made a purchase and it feels really good!!

  • HCP: 50 shares @ $33.24 --- Yield  6.92%

Total capital invested is $1668.94 and will add $115.00 to my yearly dividends. HCP seems to be a pretty good buy in the $33 range and if it drops into the $20s I'll gladly pick up some more shares.