Posted by Martin June 20, 2017

AGNC covered call (ROTH)

UPDATE: June 20, 2017 (TRADE CLOSED)   I didn’t expect to get early assigned on this but it just happened. At least, I do not have to wait until expiration to get assigned. Today, I bought back 100 shares of AGNC @ 22.50 a share.   This closes this trade cycle. I do not plan Continue reading →

Posted by Martin June 14, 2017

New Iron Condor using TECK in ROTH IRA

UPDATE: June 14, 2017   We rolled our June 30th 17 strike into November 17, 2017 expiration and 17 strike. We also added new call side creating a new Iron Condor:   BTC 1 TECK Jun30 17.00 put STC 1 TECK Jun30 15.00 put STO 1 TECK Nov17 17.00 put BTO 1 TECK Nov17 15.00 Continue reading →

May 2017 dividend income

May is over and it is time to once again review our dividend income in our ROTH IRA account. It was again another successful month as our annualized dividend income increased. We haven’t received as many dividends as in April but it still was a successful month. In our ROTH IRA we collect income from Continue reading →

Posted by Martin May 25, 2017

Options Trade: TECK Iron Condor trade (ROTH IRA)

Opening another TECK Iron Condor in ROTH IRA:   BTO 1 TECK Jul7 14.00 put STO 1 TECK Jul7 16.00 put STO 1 TECK Jul7 21.00 call BTO 1 TECK Jul7 23.00 call   @ 0.35 credit limit   TECK @ 18.64   Trade executed at 0.35 (or $35) credit.   IV of the trade: Continue reading →

ETE triple play – dividend capture trade

UPDATE: May 22, 2017   The trade executed today morning and we collected 0.35 or $35 dollars credit. Now we will wait until expiration which is in June 23, 2017 for the call either expire worthless (if the stock stays below $19.50 strike) or ends in the money (ITM) in which case we will get Continue reading →

Posted by Martin May 22, 2017

TECK Iron Condor trade (ROTH IRA)

UPDATE: May 22, 2017   The trade executed this morning. As the old Iron Condor closed, this new opened and we are in the trade. We collected 0.35 credit or $35 dollars. Now we will wait for this trade to develop. We also placed buy back orders for both our short legs (to buy back Continue reading →

Posted by Martin May 22, 2017

TECK Iron Condor (ROTH IRA)

UPDATE: May 22, 2017 TRADE CLOSED   Today morning, our puts closed for 0.05 debit. This closes our Iron Condor with 13.20% profit in 32 days and 150.56% annualized return.  

Posted by Martin April 28, 2017

April 2017 dividend income

April dividend and options trading in our ROTH IRA account has been very successful. From the dividend income perspective it was the best month so far. Both incomes also helped the account balance growth although the stock market shows a lot of bearishness and fear. However, last few days in the markets boosted the value Continue reading →

DIVIDEND CAPTURE – TRIPLE PLAY (ETE) TRADE ENDS

Back in December 2016 I opened a triple play trade using Energy Transfer Equity, L.P. (ETE) as underlying. I was selling cash secured puts as long as I got assigned into the stock. After I got assigned, I kept the stock, collected nice dividend, and started selling covered calls. Today, my covered calls ended in Continue reading →

March 2017 dividend income

March 2017 is over. It was quite fast. I almost haven’t noticed. And many things happened in March. Good or bad. But financially, I did well and actually better than expected; both in dividend income and options trading income. This month, we received $85.86 dollars in dividends. It is slightly less dividends than last month. Continue reading →