Options Update: March And April 2020

By Ferdi S of DivGro
Tuesday, May 26, 2020 2:17 AM EDT

I somehow missed writing an Options Update article in March, so this one covers options trades I executed in the past two months.

The novel coronavirus (Covid-19) continues to challenge us and the economy is taking a massive beating. Volatility remains high but has actually decreased since March.

It remains highly unlikely that I will achieve my 2020 goal to collect at least $24,000 in options income. I'm in a hole at this point, meaning I'd have to collect more than $24,000 in about eight months to achieve my options income goal...

Of the five options that were scheduled to expire in March, I closed one, rolled forward another, and had three expire. And in April, five options expired and I rolled forward two options to avoid assignment.
 

Recap

Below is a snapshot of my March and April options trades:

Assigned Options

When the holder of an option exercises the option, it is said to be assigned.

There were no assignments in March and April. 

Expired Options

In March, the following options expired:

#405 2019-10-18 : -1 × ADM 20 Mar 2020 $45.00 C  $         53.00  ( $-1.10 )      
402 2019-10-01 : -3 × PFE 20 Mar 2020 $40.00 C  $       132.00  ( $-1.13 )      
#398 2019-10-01 : -2 × ADM 20 Mar 2020 $45.00 C  $       160.00  ( $ -0.99 )      

The linked article provides more detail. I secured options income totaling $342 with these trades.

In April, the following options expired:

#464 2020-03-19 : -2 × MAIN 17 Apr 2020 $15.00 P  $       380.00  ( $0.00 )      
#449 2020-01-21 : -2 × TJX 17 Apr 2020 $67.50 C  $       110.00  ( $ -0.01 )      
#425 2019-11-26 : -1 × NKE 17 Apr 2020 $77.50 P  $       102.00  ( $ -1.10 )      
#423 2019-11-26 : -1 × MRK 17 Apr 2020 $75.00 P  $       107.00  ( $ -0.80 )      

I secured options income of $697 with these trades. I haven't done any options trading since these expirations, but I'll consider additional trades soon.

Closed Options

When an out of the money option goes further out of the money, you can close the option early and secure most of the options income.

In March, I closed the following options early:

#458 2020-03-09 : -1 × LYB 15 Jan 2021 $70.00 P  $    1,590.00  ( $ -3,100.61 )      
#446 2020-01-21 : -2 × CSX 15 May 2020 $67.50 P  $       240.00  ( $ -3,201.79 )      
#393 2019-09-20 : -2 × MO 15 Jan 2021 $45.00 P  $    2,029.00  ( $ -2,101.77 )      

Closing these options early cost me $4,545 in secured options income. The market action in March made it necessary for me to take some losses. While it is painful to take such losses, it is better to get out of put options trades that go wildly against you instead of hoping you don't get assigned early. I no longer want to own LyondellBasell Industries N.V. (LYB), while CSX and MO traded substantially below the strike prices of the puts I'd sold.

Rolled Options

Rolling forward options means buying back an option and selling another option with a later expiration date. You can do this to avoid options assignment for in the money options or to collect more options income for out of the money options.

I rolled forward the following options in March and April:

#469 2020-04-17 : -1 × TXN 18 Sep 2020 $95.00 P  $       660.00  ( $          -0.66 )      
#450 2020-01-21 : -1 × TXN 17 Apr 2020 $115.00 P  $       128.00  ( $      -306.44 ) → #469    
#468 2020-04-17 : -1 × LOW 17 Jul 2020 $90.00 P  $       702.00  ( $          -0.66 )      
#420 2019-11-26 : -1 × LOW 17 Apr 2020 $95.00 P  $       111.00  ( $        -41.44 ) → #468    
#463 2020-03-18 : -1 × HRL 15 Jan 2021 $52.50 C  $       520.00  ( $          -0.25 )      
#399 2019-10-01 : -1 × HRL 20 Mar 2020 $47.50 C  $       125.00  ( $      -280.83 ) → #463    
#462 2020-03-16 : -3 × TJX 15 Jan 2021 $45.00 P  $    2,450.00  ( $          -1.83 )      
#438 2019-12-18 : -2 × TJX 17 Apr 2020 $55.00 P  $       174.00  ( $   -2,476.67 ) → #462    
#404 2019-10-01 : -1 × TJX 17 Apr 2020 $50.00 P  $       180.00  ( $      -802.24 ) → #462    
#461 2020-03-16 : -2 × SBUX 15 Jan 2021 $65.00 P  $    2,603.00  ( $          -1.35 )      
#454 2020-03-02 : -1 × SBUX 17 Apr 2020 $70.00 P  $       111.00  ( $      -978.44 ) → #461    
#429 2019-11-27 : -1 × SBUX 17 Apr 2020 $77.50 P  $       158.00  ( $   -1,543.17 ) → #461    
#460 2020-03-16 : -1 × MMM 15 Jan 2021 $130.00 P  $    2,344.00  ( $          -0.70 )      
#422 2019-11-26 : -1 × MMM 17 Apr 2020 $160.00 P  $    3,441.00  ( $          -1.45 ) → #460    
#459 2020-03-16 : -2 × ICE 15 Jan 2021 $75.00 P  $    2,235.00  ( $          -0.63 )      
#434 2019-12-18 : -1 × ICE 19 Jun 2020 $85.00 P  $       195.00  ( $   -1,285.58 ) → #459    
#417 2019-11-26 : -1 × ICE 19 Jun 2020 $80.00 P  $       133.00  ( $   -1,000.59 ) → #459    
#458 2020-03-09 : -1 × LYB 15 Jan 2021 $70.00 P  $    1,590.00  ( $   -3,100.61 )      
#435 2019-12-18 : -1 × LYB 20 Mar 2020 $80.00 P  $       120.00  ( $   -1,755.58 ) → #458    
#456 2020-03-09 : -3 × BEN 20 Nov 2020 $22.50 P  $    1,366.00  ( $          -1.44 )      
#442 2020-01-15 : -3 × BEN 17 Jul 2020 $27.50 P  $       978.00  ( $   -2,502.74 ) → #456    

I netted $4,241 with all these trades, which mostly covered the losses I sustained with the closing trades mentioned earlier.

Covered Calls

Selling covered calls is a way to collect extra income on stocks you already own. I didn't sell any covered calls in March and April.

For covered calls, I think an achievable goal is to earn double the dividend yield.

New Put Contracts

Selling put options allows me to set the price I'm willing to pay for a stock I want to buy. In effect, I get paid while waiting for the share price to drop! I sold the following put contracts in March:

#467 2020-03-19 : -1 × SPG 15 May 2020 $40.00 P  $       560.00  ( $          -0.81 )      
#466 2020-03-19 : -1 × O 19 Jun 2020 $37.50 P  $       350.00  ( $          -0.30 )      
#465 2020-03-19 : -1 × NNN 19 Jun 2020 $22.50 P  $       190.00  ( $          -0.30 )      
#464 2020-03-19 : -2 × MAIN 17 Apr 2020 $15.00 P  $       380.00  ( $            0.00 )      
#457 2020-03-09 : -1 × HRL 19 Jun 2020 $40.00 P  $       155.00  ( $          -0.35 )      
#456 2020-03-09 : -3 × BEN 20 Nov 2020 $22.50 P  $    1,366.00  ( $          -1.44 )      
#455 2020-03-02 : -1 × UNP 15 May 2020 $145.00 P  $       535.00  ( $          -0.81 )      
#454 2020-03-02 : -1 × SBUX 17 Apr 2020 $70.00 P  $       111.00  ( $      -978.44 ) → #461    

The options I sold on MAIN expired, while I rolled forward the SBUX put option before expiration.

#467 : 2020-03-19: Sold to Open 1 Contract of Option SPG May 15 2020 40.00 P


I'm willing to buy 100 shares of Simon Property Group, Inc. (SPG) for $40.00 per share on or before 15 May. SPG closed at $55.74 per share on the date of my trade:
 

Open Date :  2020-03-19    
Expiration Date :  2020-05-15     Number of Days in Trade :  57
Price at Close :  $55.74 per share Discount at Strike Price :  28.24%
Strike Price :  $40.00 per share
Number of Contracts : 1 Number of Shares : 100
Put Premium :  $5.60 per share Options Income :  $560.00
    Commission :  -$0.81
Net Premium :  $5.592 per share Net Options Income :  $559.19
Options Yield :  10.03% Annualized Options Yield :  64.28%
----------------------------   --------------------- -------------------------------   -----------
    Commission if Exercised :  $0.00
Cost Basis if Exercised :  $34.39 Discount if Exercised :  38.30%


This put option trade yields 10.03%, or 64.28% on an annualized basis. At $55.74 per share, SPG yields 15.07%, so I'm boosting dividend income by a factor of 4.27. If the option is exercised, I'll buy 100 shares at a cost basis of $34.39 per share, a discount of 38.30%.

#466 : 2020-03-19: Sold to Open 1 Contract of Option O Jun 19 2020 37.50 P

I'm willing to buy 100 shares of Realty Income Corporation (O) for $37.50 per share on or before 19 June. O closed at $48.08 per share on the date of my trade:
 

Open Date :  2020-03-19    
Expiration Date :  2020-06-19     Number of Days in Trade :  92
Price at Close :  $48.08 per share Discount at Strike Price :  22.00%
Strike Price :  $37.50 per share
Number of Contracts : 1 Number of Shares : 100
Put Premium :  $3.50 per share Options Income :  $350.00
    Commission :  -$0.30
Net Premium :  $3.497 per share Net Options Income :  $349.70
Options Yield :  7.27% Annualized Options Yield :  28.88%
----------------------------   --------------------- -------------------------------   -----------
    Commission if Exercised :  $0.00
Cost Basis if Exercised :  $34.00 Discount if Exercised :  29.29%


This put option trade yields 7.27%, or 28.88% on an annualized basis. At $48.08 per share, O yields 5.82%, so I'm boosting dividend income by a factor of 4.97. If the option is exercised, I'll buy 100 shares at a cost basis of $34.00 per share, a discount of 29.29%.

#465 : 2020-03-19: Sold to Open 1 Contract of Option NNN Jun 19 2020 22.50 P

I'm willing to buy 100 shares of National Retail Properties, Inc. (NNN) for $22.50 per share on or before 19 June. NNN closed at $30.15 per share on the date of my trade:
 

Open Date :  2020-03-19    
Expiration Date :  2020-06-19     Number of Days in Trade :  92
Price at Close :  $30.15 per share Discount at Strike Price :  25.37%
Strike Price :  $22.50 per share
Number of Contracts : 1 Number of Shares : 100
Put Premium :  $1.90 per share Options Income :  $190.00
    Commission :  -$0.30
Net Premium :  $1.897 per share Net Options Income :  $189.70
Options Yield :  6.29% Annualized Options Yield :  24.98%
----------------------------   --------------------- -------------------------------   -----------
    Commission if Exercised :  $0.00
Cost Basis if Exercised :  $20.60 Discount if Exercised :  31.68%


This put option trade yields 6.29%, or 24.98% on an annualized basis. At $30.15 per share, NNN yields 6.83%, so I'm boosting dividend income by a factor of 3.66. If the option is exercised, I'll buy 100 shares at a cost basis of $20.60 per share, a discount of 31.68%.

#464 : 2020-03-19: Sold to Open 2 Contracts of Option MAIN Apr 17 2020 15.00 P

I'm willing to buy 200 shares of Main Street Capital Corporation (MAIN) for $15.00 per share on or before 17 April. MAIN closed at $19.04 per share on the date of my trade:
 

Open Date :  2020-03-19    
Expiration Date :  2020-04-17     Number of Days in Trade :  29
Price at Close :  $19.04 per share Discount at Strike Price :  21.22%
Strike Price :  $15.00 per share
Number of Contracts : 2 Number of Shares : 200
Put Premium :  $1.90 per share Options Income :  $380.00
    Commission :  $0.00
Net Premium :  $1.900 per share Net Options Income :  $380.00
Options Yield :  9.98% Annualized Options Yield :  125.68%
----------------------------   --------------------- -------------------------------   -----------
    Commission if Exercised :  $0.00
Cost Basis if Exercised :  $13.10 Discount if Exercised :  31.20%


This put option trade yields 9.98%, or 125.68% on an annualized basis. At $19.04 per share, MAIN yields 12.92%, so I'm boosting dividend income by a factor of 9.73. If the options are exercised, I'll buy 200 shares at a cost basis of $13.10 per share, a discount of 31.20%.

#457 : 2020-03-09: Sold to Open 1 Contract of Option HRL Jun 19 2020 40.00 P

I'm willing to buy 100 shares of Hormel Foods Corporation (HRL) for $40.00 per share on or before 19 June. HRL closed at $43.41 per share on the date of my trade:
 

Open Date :  2020-03-09    
Expiration Date :  2020-06-19     Number of Days in Trade :  102
Price at Close :  $43.41 per share Discount at Strike Price :  7.86%
Strike Price :  $40.00 per share
Number of Contracts : 1 Number of Shares : 100
Put Premium :  $1.55 per share Options Income :  $155.00
    Commission :  -$0.35
Net Premium :  $1.547 per share Net Options Income :  $154.65
Options Yield :  3.56% Annualized Options Yield :  12.76%
----------------------------   --------------------- -------------------------------   -----------
    Commission if Exercised :  $0.00
Cost Basis if Exercised :  $38.45 Discount if Exercised :  11.43%


This put option trade yields 3.56%, or 12.76% on an annualized basis. At $43.41 per share, HRL yields 2.14%, so I'm boosting dividend income by a factor of 5.95. If the option is exercised, I'll buy 100 shares at a cost basis of $38.45 per share, a discount of 11.43%.

#456 : 2020-03-09: Sold to Open 3 Contracts of Option BEN Nov 20 2020 22.50 P

I'm willing to buy 300 shares of Franklin Resources, Inc. (BEN) for $22.50 per share on or before 20 November. BEN closed at $19.51 per share on the date of my trade:
 

Open Date :  2020-03-09    
Expiration Date :  2020-11-20     Number of Days in Trade :  256
Price at Close :  $19.51 per share Discount at Strike Price :  -15.33%
Strike Price :  $22.50 per share
Number of Contracts : 3 Number of Shares : 300
Put Premium :  $4.55 per share Options Income :  $1,366.00
    Commission :  -$1.44
Net Premium :  $4.549 per share Net Options Income :  $1,364.56
Options Yield :  23.31% Annualized Options Yield :  33.26%
----------------------------   --------------------- -------------------------------   -----------
    Commission if Exercised :  $0.00
Cost Basis if Exercised :  $17.94 Discount if Exercised :  8.04%


This put option trade yields 23.31%, or 33.26% on an annualized basis. At $19.51 per share, BEN yields 5.54%, so I'm boosting dividend income by a factor of 6.01. If the options are exercised, I'll buy 300 shares at a cost basis of $17.94 per share, a discount of 8.04%.

#455 : 2020-03-02: Sold to Open 1 Contract of Option UNP May 15 2020 145.00 P

I'm willing to buy 100 shares of Union Pacific Corporation (UNP) for $145.00 per share on or before 15 May. UNP closed at $160.34 per share on the date of my trade:
 

Open Date :  2020-03-02    
Expiration Date :  2020-05-15     Number of Days in Trade :  74
Price at Close :  $160.34 per share Discount at Strike Price :  9.57%
Strike Price :  $145.00 per share
Number of Contracts : 1 Number of Shares : 100
Put Premium :  $5.35 per share Options Income :  $535.00
    Commission :  -$0.81
Net Premium :  $5.342 per share Net Options Income :  $534.19
Options Yield :  3.33% Annualized Options Yield :  16.44%
----------------------------   --------------------- -------------------------------   -----------
    Commission if Exercised :  $0.00
Cost Basis if Exercised :  $139.64 Discount if Exercised :  12.91%


This put option trade yields 3.33%, or 16.44% on an annualized basis. At $160.34 per share, UNP yields 2.42%, so I'm boosting dividend income by a factor of 6.80. If the option is exercised, I'll buy 100 shares at a cost basis of $139.64 per share, a discount of 12.91%.

#454 : 2020-03-02: Sold to Open 1 Contract of Option SBUX Apr 17 2020 70.00 P

I'm willing to buy 100 shares of Starbucks Corporation (SBUX) for $70.00 per share on or before 17 April. SBUX closed at $82.38 per share on the date of my trade:
 

Open Date :  2020-03-02    
Expiration Date :  2020-04-17     Number of Days in Trade :  46
Price at Close :  $82.38 per share Discount at Strike Price :  15.03%
Strike Price :  $70.00 per share
Number of Contracts : 1 Number of Shares : 100
Put Premium :  $1.11 per share Options Income :  $111.00
    Commission :  -$1.00
Net Premium :  $1.100 per share Net Options Income :  $110.00
Options Yield :  1.34% Annualized Options Yield :  10.60%
----------------------------   --------------------- -------------------------------   -----------
    Commission if Exercised :  $0.00
Cost Basis if Exercised :  $68.88 Discount if Exercised :  16.39%


This put option trade yields 1.34%, or 10.60% on an annualized basis. At $82.38 per share, SBUX yields 1.99%, so I'm boosting dividend income by a factor of 5.33. If the option is exercised, I'll buy 100 shares at a cost basis of $68.88 per share, a discount of 16.39%.

For selling puts, I like to see a dividend boost factor of 5.00 or more unless I can buy shares at a discount of at least 10%. Given market volatility, all of these put trades easily will result in discounts of at least 10% or boost factors of at least 5.
 

Options Income Tally

Here is a running tally of the total amount received from options trades, as well as the options premiums secured due to options that expired or are closed. Secured means I no longer have related obligations and "own" the corresponding options income free and clear. 

key:expired  •closed  •rolled  •assigned  •open 
 

ID DATE : NO × TICKER OPTION INCOME ( EXPENSES ) ROLLED TOTAL ➤ SECURED
#469 2020-04-17 : -1 × TXN 18 Sep 2020 $95.00 P  $       660.00  ( $          -0.66 )   $    70,082.13  ➤ $    39,448.13 
#468 2020-04-17 : -1 × LOW 17 Jul 2020 $90.00 P  $       702.00  ( $          -0.66 )   $    69,422.79  ➤ $    39,448.79 
#467 2020-03-19 : -1 × SPG 15 May 2020 $40.00 P  $       560.00  ( $          -0.81 )   $    68,721.45  ➤ $    39,449.45 
#466 2020-03-19 : -1 × O 19 Jun 2020 $37.50 P  $       350.00  ( $          -0.30 )   $    68,162.26  ➤ $    39,450.26 
#465 2020-03-19 : -1 × NNN 19 Jun 2020 $22.50 P  $       190.00  ( $          -0.30 )   $    67,812.56  ➤ $    39,450.56 
#464 2020-03-19 : -2 × MAIN 17 Apr 2020 $15.00 P  $       380.00  ( $            0.00 )   $    67,622.86  ➤ $    39,450.86 
#463 2020-03-18 : -1 × HRL 15 Jan 2021 $52.50 C  $       520.00  ( $          -0.25 )   $    67,242.86  ➤ $    39,070.86 
#462 2020-03-16 : -3 × TJX 15 Jan 2021 $45.00 P  $    2,450.00  ( $          -1.83 )   $    66,723.11  ➤ $    39,071.11 
#461 2020-03-16 : -2 × SBUX 15 Jan 2021 $65.00 P  $    2,603.00  ( $          -1.35 )   $    64,274.94  ➤ $    39,072.94 
#460 2020-03-16 : -1 × MMM 15 Jan 2021 $130.00 P  $    2,344.00  ( $          -0.70 )   $    61,673.29  ➤ $    39,074.29 
#459 2020-03-16 : -2 × ICE 15 Jan 2021 $75.00 P  $    2,235.00  ( $          -0.63 )   $    59,329.99  ➤ $    39,074.99 
#458 2020-03-09 : -1 × LYB 15 Jan 2021 $70.00 P  $    1,590.00  ( $   -3,100.61 )   $    57,095.62  ➤ $    39,075.62 
#457 2020-03-09 : -1 × HRL 19 Jun 2020 $40.00 P  $       155.00  ( $          -0.35 )   $    58,606.23  ➤ $    40,586.23 
#456 2020-03-09 : -3 × BEN 20 Nov 2020 $22.50 P  $    1,366.00  ( $          -1.44 )   $    58,451.58  ➤ $    40,586.58 
#455 2020-03-02 : -1 × UNP 15 May 2020 $145.00 P  $       535.00  ( $          -0.81 )   $    57,087.02  ➤ $    40,588.02 
#454 2020-03-02 : -1 × SBUX 17 Apr 2020 $70.00 P  $       111.00  ( $      -978.44 ) → #461 $    56,552.83  ➤ $    40,588.83 
#453 2020-02-11 : -1 × MSFT 15 Jan 2021 $155.00 P  $       633.00  ( $          -1.11 )   $    57,420.27  ➤ $    41,456.27 
#452 2020-02-11 : -1 × INTC 15 Jan 2021 $50.00 P  $       139.00  ( $          -0.80 )   $    56,788.38  ➤ $    41,457.38 
#451 2020-02-11 : -1 × AAPL 15 Jan 2021 $255.00 P  $       865.00  ( $          -1.10 )   $    56,650.18  ➤ $    41,458.18 
#450 2020-01-21 : -1 × TXN 17 Apr 2020 $115.00 P  $       128.00  ( $      -306.44 ) → #469 $    55,786.28  ➤ $    41,459.28 
#449 2020-01-21 : -2 × TJX 17 Apr 2020 $67.50 C  $       110.00  ( $          -0.01 )   $    55,964.72  ➤ $    41,637.72 
#448 2020-01-21 : -2 × ORCL 19 Jun 2020 $47.50 P  $       150.00  ( $          -1.49 )   $    55,854.73  ➤ $    41,527.73 
#447 2020-01-21 : -2 × GILD 15 May 2020 $55.00 P  $       162.00  ( $          -0.89 )   $    55,706.22  ➤ $    41,529.22 
#446 2020-01-21 : -2 × CSX 15 May 2020 $67.50 P  $       240.00  ( $   -3,201.79 )   $    55,545.11  ➤ $    41,530.11 
#445 2020-01-15 : -2 × KO 18 Sep 2020 $55.00 C  $       717.00  ( $          -1.70 )   $    58,506.90  ➤ $    44,491.90 
#444 2020-01-15 : -1 × D 17 Jul 2020 $82.50 C  $       267.00  ( $          -0.30 )   $    57,791.60  ➤ $    44,493.60 
#443 2020-01-15 : -2 × CMCSA 17 Jul 2020 $47.50 C  $       402.00  ( $          -1.50 )   $    57,524.90  ➤ $    44,493.90 
#442 2020-01-15 : -3 × BEN 17 Jul 2020 $27.50 P  $       978.00  ( $   -2,502.74 ) → #456 $    57,124.40  ➤ $    44,495.40 
#441 2020-01-08 : -5 × T 21 Jan 2022 $40.00 C  $    1,452.00  ( $          -2.11 )   $    58,649.14  ➤ $    46,020.14 
#440 2019-12-18 : -2 × XEL 17 Jun 2020 $55.00 P  $       150.00  ( $          -0.21 )   $    57,199.25  ➤ $    46,022.25 
#439 2019-12-18 : -1 × TSM 21 Jan 2022 $60.00 C  $       808.00  ( $          -0.31 )   $    57,049.46  ➤ $    46,022.46 
#438 2019-12-18 : -2 × TJX 17 Apr 2020 $55.00 P  $       174.00  ( $   -2,476.67 ) → #462 $    56,241.77  ➤ $    46,022.77 
#437 2019-12-18 : -1 × SBUX 21 Feb 2020 $85.00 P  $       187.00  ( $          -0.80 )   $    58,544.44  ➤ $    48,325.44 
#436 2019-12-18 : -1 × PSX 21 Feb 2020 $110.00 P  $       270.00  ( $          -0.35 )   $    58,358.24  ➤ $    48,139.24 
#435 2019-12-18 : -1 × LYB 20 Mar 2020 $80.00 P  $       120.00  ( $   -1,755.58 ) → #458 $    58,088.59  ➤ $    47,869.59 
#434 2019-12-18 : -1 × ICE 19 Jun 2020 $85.00 P  $       195.00  ( $   -1,285.58 ) → #459 $    59,724.17  ➤ $    49,505.17 
#433 2019-12-18 : -2 × HRL 20 Mar 2020 $40.00 P  $       104.00  ( $        -19.90 )   $    60,814.75  ➤ $    50,595.75 
#432 2019-12-18 : -1 × AMT 17 Apr 2020 $180.00 P  $       200.00  ( $          -0.35 )   $    60,730.65  ➤ $    50,511.65 
#431 2019-12-18 : -1 × ABT 15 May 2020 $75.00 P  $       117.00  ( $          -0.80 )   $    60,531.00  ➤ $    50,312.00 
#430 2019-12-12 : -2 × TROW 17 Jul 2020 $120.00 C  $    2,209.00  ( $          -1.64 )   $    60,414.80  ➤ $    50,312.80 
#429 2019-11-27 : -1 × SBUX 17 Apr 2020 $77.50 P  $       158.00  ( $   -1,543.17 ) → #461 $    58,207.44  ➤ $    50,314.44 
#428 2019-11-26 : -1 × WMT 19 Jun 2020 $100.00 P  $       158.00  ( $          -0.65 )   $    59,592.61  ➤ $    51,699.61 
#427 2019-11-26 : -1 × V 20 Mar 2020 $155.00 P  $       127.00  ( $        -11.19 )   $    59,435.26  ➤ $    51,700.26 
#426 2019-11-26 : -1 × UNP 21 Feb 2020 $160.00 P  $       217.00  ( $          -0.80 )   $    59,319.45  ➤ $    51,584.45 
#425 2019-11-26 : -1 × NKE 17 Apr 2020 $77.50 P  $       102.00  ( $          -1.10 )   $    59,103.25  ➤ $    51,368.25 
#424 2019-11-26 : -1 × MSFT 20 Mar 2020 $130.00 P  $       119.00  ( $          -8.37 )   $    59,002.35  ➤ $    51,267.35 
#423 2019-11-26 : -1 × MRK 17 Apr 2020 $75.00 P  $       107.00  ( $          -0.80 )   $    58,891.72  ➤ $    51,156.72 
#422 2019-11-26 : -1 × MMM 17 Apr 2020 $160.00 P  $    3,441.00  ( $          -1.45 ) → #460 $    58,785.52  ➤ $    51,050.52 
#421 2019-11-26 : -1 × MCD 20 Mar 2020 $170.00 P  $       126.00  ( $        -10.32 )   $    55,345.97  ➤ $    47,610.97 
#420 2019-11-26 : -1 × LOW 17 Apr 2020 $95.00 P  $       111.00  ( $        -41.44 ) → #468 $    55,230.29  ➤ $    47,495.29 
#419 2019-11-26 : -1 × LLY 17 Apr 2020 $100.00 P  $       140.00  ( $        -10.74 )   $    55,160.73  ➤ $    47,425.73 
#418 2019-11-26 : -1 × JNJ 20 Mar 2020 $120.00 P  $       115.00  ( $          -9.89 )   $    55,031.47  ➤ $    47,296.47 
#417 2019-11-26 : -1 × ICE 19 Jun 2020 $80.00 P  $       133.00  ( $   -1,000.59 ) → #459 $    54,926.36  ➤ $    47,191.36 
#416 2019-11-13 : -2 × XOM 17 Apr 2020 $75.00 C  $       194.00  ( $        -11.74 )   $    55,793.95  ➤ $    48,058.95 
#415 2019-11-13 : -1 × WFC 19 Jun 2020 $60.00 C  $       112.00  ( $        -10.19 )   $    55,611.69  ➤ $    47,876.69 
#414 2019-11-13 : -1 × TXN 17 Jan 2020 $110.00 P  $       144.00  ( $          -1.10 )   $    55,509.88  ➤ $    47,774.88 
#413 2019-11-13 : -5 × SKT 19 Jun 2020 $20.00 C  $       120.00  ( $        -30.70 )   $    55,366.98  ➤ $    47,631.98 
#412 2019-11-13 : -1 × PM 19 Jun 2020 $100.00 C  $       102.00  ( $          -0.65 )   $    55,277.68  ➤ $    47,542.68 
#411 2019-11-13 : -1 × JNJ 20 Mar 2020 $140.00 C  $       163.00  ( $          -0.65 )   $    55,176.33  ➤ $    47,543.33 
#410 2019-11-13 : -1 × IBM 17 Apr 2020 $120.00 P  $       269.00  ( $        -10.59 )   $    55,013.98  ➤ $    47,380.98 
#409 2019-11-13 : -2 × ABBV 15 Jan 2021 $90.00 C  $    1,310.00  ( $          -1.52 )   $    54,755.57  ➤ $    47,122.57 
#408 2019-10-18 : -2 × TSM 15 Jan 2021 $50.00 C  $    1,083.00  ( $            0.00 )   $    53,447.09  ➤ $    47,124.09 
#407 2019-10-18 : -2 × TROW 20 Dec 2019 $115.00 C  $       339.00  ( $   -2,090.59 ) → #430 $    52,364.09  ➤ $    47,124.09 
#406 2019-10-18 : -2 × TJX 17 Jan 2020 $65.00 C  $       188.00  ( $            0.00 )   $    54,115.68  ➤ $    48,875.68 
#405 2019-10-18 : -1 × ADM 20 Mar 2020 $45.00 C  $         53.00  ( $          -1.10 )   $    53,927.68  ➤ $    48,687.68 
#404 2019-10-01 : -1 × TJX 17 Apr 2020 $50.00 P  $       180.00  ( $      -802.24 ) → #462 $    53,875.78  ➤ $    48,635.78 
#403 2019-10-01 : -1 × SNA 15 Nov 2019 $145.00 P  $       260.00  ( $          -0.35 )   $    54,498.02  ➤ $    49,258.02 
#402 2019-10-01 : -3 × PFE 20 Mar 2020 $40.00 C  $       132.00  ( $          -1.13 )   $    54,238.37  ➤ $    48,998.37 
#401 2019-10-01 : -1 × MRK 15 Nov 2019 $80.00 P  $       127.00  ( $          -1.58 )   $    54,107.50  ➤ $    48,867.50 
#400 2019-10-01 : -1 × MDT 17 Jan 2020 $100.00 P  $       196.00  ( $          -0.80 )   $    53,982.08  ➤ $    48,742.08 
#399 2019-10-01 : -1 × HRL 20 Mar 2020 $47.50 C  $       125.00  ( $      -280.83 ) → #463 $    53,786.88  ➤ $    48,546.88 
#398 2019-10-01 : -2 × ADM 20 Mar 2020 $45.00 C  $       160.00  ( $          -0.99 )   $    53,942.71  ➤ $    48,702.71 
#397 2019-10-01 : -2 × ADM 15 Nov 2019 $40.00 P  $       228.00  ( $          -1.00 )   $    53,783.70  ➤ $    48,543.70 
#396 2019-09-20 : -1 × ORCL 17 Jan 2020 $52.50 P  $       213.00  ( $          -1.59 )   $    53,556.70  ➤ $    48,316.70 
#395 2019-09-20 : -1 × MSFT 21 Jan 2022 $155.00 C  $    1,490.00  ( $          -0.68 )   $    53,345.29  ➤ $    48,105.29 
#394 2019-09-20 : -2 × MO 20 Mar 2020 $50.00 C  $       120.00  ( $        -20.18 )   $    51,855.97  ➤ $    48,105.97 
#393 2019-09-20 : -2 × MO 15 Jan 2021 $45.00 P  $    2,029.00  ( $   -2,101.77 )   $    51,756.15  ➤ $    48,006.15 
#392 2019-09-20 : -1 × LOW 17 Jan 2020 $125.00 C  $       182.00  ( $          -0.80 )   $    51,828.92  ➤ $    48,078.92 
#391 2019-09-20 : -3 × INTC 15 Nov 2019 $45.00 P  $       129.00  ( $          -3.83 )   $    51,647.72  ➤ $    47,897.72 
#390 2019-09-20 : -2 × INTC 15 Nov 2019 $55.00 C  $       168.00  ( $          -1.59 )   $    51,522.55  ➤ $    47,772.55 
#389 2019-09-20 : -2 × GILD 21 Feb 2020 $75.00 C  $       266.00  ( $        -13.23 )   $    51,356.14  ➤ $    47,606.14 
#388 2019-09-20 : -2 × GILD 17 Jan 2020 $60.00 P  $       270.00  ( $          -2.56 )   $    51,103.37  ➤ $    47,353.37 
#387 2019-09-20 : -2 × CSX 17 Jan 2020 $70.00 P  $       820.00  ( $          -1.80 )   $    50,835.93  ➤ $    47,085.93 
#386 2019-08-16 : -1 × XOM 17 Jan 2020 $80.00 C  $         33.00  ( $          -4.69 ) → #416 $    50,017.73  ➤ $    46,267.73 
#385 2019-08-16 : -1 × DGX 21 Feb 2020 $100.00 C  $       675.00  ( $          -0.31 )   $    49,989.42  ➤ $    46,239.42 
#384 2019-08-14 : -1 × TIF 17 Jan 2020 $85.00 P  $       769.00  ( $          -1.66 )   $    49,314.73  ➤ $    45,564.73 
#383 2019-08-02 : -1 × XOM 18 Oct 2019 $67.50 P  $       135.00  ( $          -0.80 )   $    48,547.39  ➤ $    44,797.39 
#382 2019-08-02 : -1 × VZ 18 Oct 2019 $52.50 P  $       108.00  ( $          -0.96 )   $    48,413.19  ➤ $    44,663.19 
#381 2019-08-02 : -3 × PFE 20 Sep 2019 $40.00 C  $       138.00  ( $          -2.39 )   $    48,306.15  ➤ $    44,556.15 
#380 2019-08-02 : -1 × MRK 20 Sep 2019 $80.00 P  $       110.00  ( $          -1.09 )   $    48,170.54  ➤ $    44,420.54 
#379 2019-08-02 : -1 × MDT 20 Sep 2019 $97.50 P  $       158.00  ( $          -0.80 )   $    48,061.63  ➤ $    44,311.63 
#378 2019-07-25 : -2 × NKE 18 Oct 2019 $75.00 P  $       124.00  ( $          -0.99 )   $    47,904.43  ➤ $    44,154.43 
#377 2019-07-25 : -2 × MS 15 Nov 2019 $42.00 P  $       263.00  ( $          -0.85 )   $    47,781.42  ➤ $    44,031.42 
#376 2019-07-25 : -1 × LLY 17 Jan 2020 $85.00 P  $       106.00  ( $          -7.74 ) → #419 $    47,519.27  ➤ $    43,769.27 
#375 2019-07-25 : -1 × AAPL 18 Oct 2019 $180.00 P  $       180.00  ( $          -0.65 )   $    47,421.01  ➤ $    43,671.01 
#374 2019-07-22 : -1 × XOM 17 Jan 2020 $80.00 C  $       127.00  ( $          -5.32 ) → #416 $    47,241.66  ➤ $    43,491.66 
#373 2019-07-22 : -1 × VLO 20 Dec 2019 $100.00 C  $       105.00  ( $          -0.68 )   $    47,119.98  ➤ $    43,369.98 
#372 2019-07-22 : -2 × TSM 18 Oct 2019 $45.00 C  $       380.00  ( $      -946.30 ) → #408 $    47,015.66  ➤ $    43,265.66 
#371 2019-07-22 : -1 × TRV 18 Oct 2019 $155.00 C  $       255.00  ( $          -0.35 )   $    47,581.96  ➤ $    43,831.96 
#370 2019-07-22 : -1 × DIS 18 Oct 2019 $145.00 C  $       407.00  ( $          -0.80 )   $    47,327.31  ➤ $    43,577.31 
#369 2019-07-22 : -1 × D 17 Jan 2020 $80.00 C  $       175.00  ( $      -236.64 ) → #444 $    46,921.11  ➤ $    43,171.11 
#368b 2019-07-16 : -1 × ORCL 20 Sep 2019 $55.00 P  $         76.00  ( $      -109.07 ) → #396 $    46,982.75  ➤ $    43,232.75 
#368a 2019-07-16 : -1 × ORCL 20 Sep 2019 $55.00 P  $         76.00  ( $          -0.50 )   $    47,015.82  ➤ $    43,265.82 
#367 2019-07-16 : -2 × CSX 20 Sep 2019 $72.50 P  $       150.00  ( $      -548.77 ) → #387 $    46,940.32  ➤ $    43,190.32 
#366 2019-06-28 : -1 × WMT 20 Dec 2019 $100.00 P  $       213.00  ( $          -3.44 ) → #428 $    47,339.09  ➤ $    43,589.09 
#365 2019-06-28 : -1 × UTX 15 Nov 2019 $115.00 P  $       222.00  ( $          -0.80 )   $    47,129.53  ➤ $    43,379.53 
#364 2019-06-28 : -2 × PEP 18 Oct 2019 $110.00 P  $       118.00  ( $          -0.99 )   $    46,908.33  ➤ $    43,158.33 
#363 2019-06-28 : -2 × EMR 20 Dec 2019 $60.00 P  $       374.00  ( $          -9.19 )   $    46,791.32  ➤ $    43,041.32 
#362 2019-06-28 : -2 × CL 15 Nov 2019 $65.00 P  $       248.00  ( $          -1.00 )   $    46,426.51  ➤ $    42,676.51 
#361 2019-06-28 : -3 × BEN 17 Jan 2020 $30.00 P  $       261.00  ( $   -1,413.35 ) → #442 $    46,179.51  ➤ $    42,429.51 
#360 2019-06-28 : -2 × ABBV 15 Nov 2019 $60.00 P  $       224.00  ( $          -1.00 )   $    47,331.86  ➤ $    43,581.86 
#359 2019-06-28 : -1 × TSM 17 Jan 2020 $45.00 C  $       105.00  ( $   -1,380.59 ) → #439 $    47,108.86  ➤ $    43,358.86 
#358 2019-06-28 : -2 × ABBV 15 Nov 2019 $80.00 C  $       303.00  ( $   -1,332.34 ) → #409 $    48,384.45  ➤ $    44,634.45 
#357 2019-06-21 : -3 × GPS 17 Jan 2020 $20.00 C  $       345.00  ( $      -111.72 )   $    49,413.79  ➤ $    45,663.79 
#356 2019-06-21 : -1 × CSCO 18 Oct 2019 $52.50 P  $       120.00  ( $          -1.10 )   $    49,180.51  ➤ $    45,430.51 
#355 2019-05-29 : -2 × MS 16 Aug 2019 $40.00 P  $       262.00  ( $        -18.44 ) → #377 $    49,061.61  ➤ $    45,311.61 
#354 2019-05-28 : -2 × DAL 20 Sep 2019 $50.00 P  $       310.00  ( $          -1.00 )   $    48,818.05  ➤ $    45,068.05 
#353 2019-05-28 : -2 × CMCSA 17 Jan 2020 $45.00 C  $       396.00  ( $      -260.07 ) → #443 $    48,509.05  ➤ $    44,759.05 
#352 2019-05-24 : -3 × SKT 17 Jan 2020 $20.00 C  $       188.00  ( $        -26.08 ) → #413 $    48,373.12  ➤ $    44,623.12 
#351 2019-05-22 : -2 × SKT 17 Jan 2020 $20.00 C  $       112.00  ( $        -16.78 ) → #413 $    48,211.20  ➤ $    44,461.20 
#350 2019-05-22 : -2 × GIS 19 Jul 2019 $50.00 P  $       176.00  ( $          -1.00 )   $    48,115.98  ➤ $    44,365.98 
#349 2019-05-22 : -2 × ADM 20 Sep 2019 $35.00 P  $       110.00  ( $          -0.75 )   $    47,940.98  ➤ $    44,190.98 
#348 2019-05-20 : -1 × SNA 20 Sep 2019 $140.00 P  $       260.00  ( $          -1.10 )   $    47,831.73  ➤ $    44,081.73 
#347 2019-05-16 : -2 × GIS 18 Oct 2019 $47.50 P  $       260.00  ( $          -1.60 )   $    47,572.83  ➤ $    43,822.83 
#346 2019-05-16 : -1 × AOS 18 Oct 2019 $45.00 P  $       180.00  ( $          -1.10 )   $    47,314.43  ➤ $    43,564.43 
#345 2019-05-15 : -2 × WFC 18 Oct 2019 $42.50 P  $       240.00  ( $          -1.00 )   $    47,135.53  ➤ $    43,385.53 
#344 2019-05-15 : -1 × TIF 16 Aug 2019 $90.00 P  $       302.00  ( $      -638.29 ) → #384 $    46,896.53  ➤ $    43,146.53 
#343 2019-05-15 : -2 × SO 15 Nov 2019 $45.00 P  $         88.00  ( $          -0.99 )   $    47,232.82  ➤ $    43,482.82 
#342 2019-05-15 : -2 × QCOM 18 Oct 2019 $65.00 P  $       156.00  ( $          -0.99 )   $    47,145.81  ➤ $    43,395.81 
#341 2019-05-15 : -1 × INTC 20 Sep 2019 $40.00 P  $       105.00  ( $          -0.80 )   $    46,990.80  ➤ $    43,240.80 
#340 2019-05-15 : -1 × DIS 19 Jul 2019 $140.00 C  $       242.00  ( $          -0.80 )   $    46,886.60  ➤ $    43,136.60 
#339 2019-05-15 : -1 × AAPL 18 Jun 2021 $205.00 C  $    2,323.00  ( $          -0.69 )   $    46,645.40  ➤ $    42,895.40 
#338 2019-04-23 : -1 × PG 15 Jan 2021 $105.00 C  $       896.00  ( $   -2,201.60 )   $    44,323.09  ➤ $    42,896.09 
#337 2019-04-22 : -1 × WBA 17 Jan 2020 $65.00 C  $       163.00  ( $          -0.80 )   $    45,628.69  ➤ $    44,201.69 
#336 2019-04-22 : -2 × WBA 17 Jan 2020 $65.00 C  $       328.00  ( $          -0.85 )   $    45,466.49  ➤ $    44,039.49 
#335 2019-04-04 : -1 × WBA 18 Apr 2019 $55.00 P  $       145.00  ( $          -3.16 )   $    45,139.34  ➤ $    44,040.34 
#334 2019-04-04 : -1 × HRL 20 Sep 2019 $45.00 C  $       121.00  ( $          -0.30 )   $    44,997.50  ➤ $    43,898.50 
#333 2019-03-27 : -1 × XOM 20 Sep 2019 $85.00 C  $       151.00  ( $        -10.73 ) → #374 $    44,876.80  ➤ $    43,777.80 
#332 2019-03-27 : -2 × PFE 20 Sep 2019 $45.00 C  $       173.00  ( $        -20.02 )   $    44,736.53  ➤ $    43,637.53 
#331b 2019-03-27 : -1 × DGX 16 Aug 2019 $95.00 C  $       170.50  ( $      -585.12 ) → #385 $    44,583.55  ➤ $    43,484.55 
#331a 2019-03-27 : -1 × DGX 16 Aug 2019 $95.00 C  $       170.50  ( $          -0.84 )   $    44,998.17  ➤ $    43,899.17 
#330 2019-03-27 : -2 × ABBV 16 Aug 2019 $90.00 C  $       264.00  ( $        -22.68 ) → #358 $    44,828.50  ➤ $    43,729.50 
#329 2019-03-27 : -1 × AAPL 16 Aug 2019 $170.00 P  $       492.00  ( $        -28.19 ) → #375 $    44,587.18  ➤ $    43,488.18 
#328 2019-03-25 : -1 × VLO 21 Jun 2019 $95.00 C  $       114.00  ( $          -0.79 )   $    44,123.37  ➤ $    43,024.37 
#327 2019-03-25 : -1 × VLO 17 May 2019 $80.00 P  $       224.00  ( $          -0.79 )   $    44,010.16  ➤ $    42,911.16 
#326 2019-03-25 : -1 × TIF 17 May 2019 $100.00 P  $       220.00  ( $      -211.48 ) → #344 $    43,786.95  ➤ $    42,687.95 
#325 2019-03-25 : -2 × GILD 16 Aug 2019 $70.00 C  $       314.00  ( $          -0.99 )   $    43,778.43  ➤ $    42,679.43 
#324 2019-03-25 : -1 × DIS 21 Jun 2019 $105.00 P  $       295.00  ( $        -10.46 )   $    43,465.42  ➤ $    42,366.42 
#323 2019-02-28 : -1 × MSFT 17 May 2019 $100.00 P  $       105.00  ( $          -9.31 )   $    43,180.88  ➤ $    42,081.88 
#322 2019-02-28 : -2 × JPM 21 Jun 2019 $95.00 P  $       294.00  ( $        -21.78 )   $    43,085.19  ➤ $    41,986.19 
#321 2019-02-28 : -1 × AAPL 17 May 2019 $155.00 P  $       170.00  ( $        -68.73 ) → #329 $    42,812.97  ➤ $    41,713.97 
#320 2019-02-22 : -1 × TROW 18 Oct 2019 $110.00 C  $       220.00  ( $        -10.59 ) → #407 $    42,711.70  ➤ $    41,612.70 
#319 2019-02-22 : -2 × TJX 18 Oct 2019 $60.00 C  $       130.00  ( $      -128.08 ) → #406 $    42,502.29  ➤ $    41,403.29 
#318 2019-02-22 : -3 × SKT 17 Jan 2020 $25.00 C  $       195.00  ( $        -39.41 ) → #352 $    42,500.37  ➤ $    41,401.37 
#317 2019-02-22 : -1 × PM 17 Jan 2020 $105.00 C  $         95.00  ( $        -10.43 ) → #412 $    42,344.78  ➤ $    41,245.78 
#316 2019-02-22 : -1 × MSFT 18 Oct 2019 $125.00 C  $       287.00  ( $   -1,486.73 ) → #395 $    42,260.21  ➤ $    41,161.21 
#315 2019-02-22 : -1 × MO 17 Jan 2020 $50.00 P  $       448.00  ( $   -1,065.52 ) → #393 $    43,459.94  ➤ $    42,360.94 
#314 2019-02-22 : -1 × MO 17 Jan 2020 $50.00 P  $       448.00  ( $   -1,065.52 ) → #393 $    44,077.46  ➤ $    42,978.46 
#313 2019-02-22 : -2 × KO 17 Jan 2020 $52.50 C  $         67.00  ( $      -810.26 ) → #445 $    44,694.98  ➤ $    43,595.98 
#312 2019-02-22 : -2 × INTC 18 Oct 2019 $55.00 C  $       670.00  ( $        -98.14 )   $    45,438.24  ➤ $    44,339.24 
#311 2019-02-22 : -1 × HSY 18 Apr 2019 $110.00 P  $       250.00  ( $          -0.79 )   $    44,866.38  ➤ $    43,767.38 
#310 2019-02-20 : -1 × TROW 18 Oct 2019 $110.00 C  $       209.00  ( $        -10.59 ) → #407 $    44,617.17  ➤ $    43,518.17 
#309 2019-02-20 : -1 × T 17 Jan 2020 $35.00 C  $         52.00  ( $      -450.40 ) → #441 $    44,418.76  ➤ $    43,319.76 
#308 2019-02-20 : -4 × T 17 Jan 2020 $35.00 C  $       213.00  ( $   -1,801.62 ) → #441 $    44,817.16  ➤ $    43,718.16 
#307 2019-02-20 : -2 × ADM 20 Sep 2019 $45.00 C  $       234.00  ( $          -0.98 )   $    46,405.78  ➤ $    45,306.78 
#306 2019-02-07 : -1 × IP 17 Jan 2020 $47.50 C  $       337.00  ( $        -59.18 )   $    46,172.76  ➤ $    45,073.76 
#305 2019-02-07 : -1 × INTC 14 Jan 2021 $50.00 C  $       679.00  ( $          -1.10 )   $    45,894.94  ➤ $    44,795.94 
#304 2019-02-07 : -1 × AAPL 17 Jan 2020 $180.00 C  $    1,380.00  ( $   -2,246.75 ) → #339 $    45,217.04  ➤ $    44,797.04 
#303 2019-01-24 : -1 × WSM 15 Feb 2019 $55.00 C  $         42.00  ( $          -1.09 )   $    46,083.79  ➤ $    45,663.79 
#302 2019-01-24 : -19 × F 17 Jan 2020 $10.00 C  $       722.00  ( $      -238.39 )   $    46,042.88  ➤ $    45,622.88 
#301 2019-01-24 : -1 × F 17 Jan 2020 $10.00 C  $         36.00  ( $        -13.32 )   $    45,559.27  ➤ $    45,139.27 
#300 2019-01-24 : -1 × AFL 15 Jan 2021 $50.00 C  $       420.00  ( $          -1.09 )   $    45,536.59  ➤ $    45,116.59 


key:expired  •closed  •rolled  •assigned  •open 

Options Expiring Soon

Below I'm listing options expiring next month. On expiration day, in the money options will result in options assignment, which I'd like to avoid in some cases, if possible.

June 2020:

#466 2020-03-19 : -1 × O 19 Jun 2020 $37.50 P  $       350.00  ( $ -0.30 )     → Out of the money with a  39% safety margin   
#465 2020-03-19 : -1 × NNN 19 Jun 2020 $22.50 P  $       190.00  ( $ -0.30 )     → Out of the money with a  37% safety margin   
#457 2020-03-09 : -1 × HRL 19 Jun 2020 $40.00 P  $       155.00  ( $ -0.35 )     → Out of the money with a  18% safety margin   
#448 2020-01-21 : -2 × ORCL 19 Jun 2020 $47.50 P  $       150.00  ( $ -1.49 )     → Out of the money with a  11% safety margin   
#440 2019-12-18 : -2 × XEL 17 Jun 2020 $55.00 P  $       150.00  ( $ -0.21 )     → Out of the money with a  10% safety margin   
#428 2019-11-26 : -1 × WMT 19 Jun 2020 $100.00 P  $       158.00  ( $ -0.65 )     → Out of the money with a  24% safety margin   
#412 2019-11-13 : -1 × PM 19 Jun 2020 $100.00 C  $       102.00  ( $ -0.65 )     → Out of the money with a  30% safety margin   

All the options expiring in June are deep out of the money, so I'm in good shape here.

Concluding Remarks

April 2020

 

Total
Options Income

  

Secured
Options Income

End of Month:

$ 70,082

  

$39,448

Previous Month:

$ 72,825

  

$  49,871

This Month:

$ -2,743

  

$ -10,423

In 46 months of options trading, I've collected options income totaling $70,082.

Disclaimer: I'm not an investment professional or a licensed financial advisor. This article represents my personal views and decisions, which may not be appropriate for other investors. ...

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