Option Sell Put: CMCSA

It is not very often that I transact stock options. I have sold a handful of options in the last years only and am still quite a beginner. But once in a while, when I don’t mind potentially owning the stock if I were to be assigned a contract of it (100 shares), I don’t mind selling put options.

I sold a put option on Comcast at the $30 strike price expiring on Jul 20. For the sell, I received $51.52 (option premium minus the transaction fee).

  • If the stock ends up above $30 by expiration time, I will get to keep the money received and can move on with no more obligation on this transaction.
  • If under $30, I may be assigned to buy 100 shares of CMCSA. The price paid would then be per share: (100 x $30 + $3.95 [fee] – $51.52) / 100 ~= $29.52 / share . The stock currently trades above the $32 level. If shares I assigned to me – I don’t mind too much: payout ratio is super low which makes the dividend I would receive pretty safe while keeping the stock – selling an option call on it is also an possibility.

The transaction:

 05/24/18   Sold Short   1 CMCSA Jul 20 ’18 $30 Put(CMCSA) @ $0.56 51.52

 

Purchases: DIS, SBUX, TXN, PG, PEP, WBA and LEG

I have been adding quite a few more shares across my portfolio since my last purchases!

I added more of these stocks which are currently priced closed to their 52 weeks low (SBUX, PEP, PG) but also on other stocks which I had purchased several years ago, and where the income contribution overall was low in relation to other stocks income in my holdings. Thes stocks are DIS, SBUX, WBA and LEG. Special thanks to Bert for actually posting his own purchase of LEG stock, and making me realize how the stock was a good purchase move at the moment. I already owned a few shares of the stock, but I am happy to have added more!

Here are my new additions:

 05/24/18   Bought   8 of DIS @ $102.80 -826.35
 05/24/18   Bought   10 of SBUX @ $57.44 -578.35
 05/24/18   Bought   2 of TXN @ $110.99 -225.93

 

 05/25/18   Bought   6 of PG @ $73.88  -447.23
 05/25/18   Bought   5 of PEP @ $100.18 -504.85

 

 05/30/18   Bought   20 of WBA @ $63.00 -1,263.95

 

06/06/18   Bought   42 of LEG @ $42.36 -1,783.07

My dividend portfolio is updated with above new holdings.

Dividend Income – May 2018

At the start of every month, I post a report showing the dividends received in my accounts for the previous month. This is always very exciting to see the progress made, and really reveals the true power of compounding using the dividend growth investing strategy! This post shows the grand total but you can check my dividend income page to see the dividend paid per positions.

Dividend income received in May 2018

  • Taxable account: $649.54 – May 2017 was $501.38

This is a nice increase since last year’s May. In May, I sold my entire position in OHI in my taxable account, but still got the dividend payout since I sold after the ex-dividend date. That will lead to potentially less dividends in August but maybe all other stocks will make up for it?! To be seen…

I am very excited for my dividend income during the month of June. If all goes as expected I should be above the $1,000 for the first time ever! Stay tuned! 🙂

Purchases: PEP, TU and CAH

Added more on 3 different stocks on Friday 05/18. Mainly was trying to grab a few shares of these stocks in my portfolio which are close to the 52 weeks low.

On 05/18:

  • Buy 4 shares of PEP for $98.00. After buying Pepsi recently earlier this month, I keep on building towards a full position.
  • Buy 10 shares of TU for $35.60. I am a bit underweight in telecom assets, so adding on Telus. Also adds on Canadian telco exposure.
  • Buy 10 shares of CAH for $54.48 / shares. Cardinal Health’s price keeps getting lower. I like the safety of the stock with a payout ratio around 35%. Growth had been ok in previous years, I hope it keeps up like this – even if I fear growth may slow down.

My dividend portfolio is updated with above new holdings.

Purchases: PEP, BIP and a Sell: OHI

Since my last purchases in my brokerage account, I made a few transactions.

On 05/03:

  • Sold 70 shares of OHI for $26.54 / share. That was my entire position in Omega Healthcare Investors in this account (holding a bit in my Roth). I was starting to feel uncomfortable with the position and was fearing a potential dividend cut at some point. Better play safer – I sold all, got a few hundred loss… and moved on

On 05/07:

  • Buy 25 shares of PEP for $98.42 / share. This is a new position in the portfolio. Mostly used the money from OHI sale and some. I like the yield close to 3.7%, an ok growth and the dividend safety. A lot of dividend growth investors bought it as well since the stock price is back to spring 2016 levels (see Lanny and Bert, Young Dividend or desidividend for example).

On 05/16:

  • Buy 20 shares of BIP for $38.05 / share. Brookfield Infrastructure Partners is a MLP. This is a new position in the portfolio. I like how it holds assets from utilities, toll roads and cell towers across different regions of the world. Adds diversification.

These 1 sell / 2 purchases were done in my taxable account and were transaction free (I recently moved broker and got 60 days free transactions).

My dividend portfolio is updated with above new holdings.

Dividend Income – April 2018

At the start of every month, I post a report showing the dividends received in my accounts for the previous month. This is always very exciting to see the progress made, and really reveals the true power of compounding using the dividend growth investing strategy! This post shows the grand total but you can check my dividend income page to see the dividend paid per positions.

Dividend income received in April 2018

  • Taxable account: $338.34April 2017 was $350.76

January / April / July / October are my worse months for dividend income… it’s nowhere close to the $900 + I got last month that’s for sure.

GE and TIS got sold since last April (2017), and also somehow BP dividend has been paid in April this year, got it end of March last year: explains why the amount received this April is less than April 17.

Purchase: GIS, BEP, BIP, PG, TXN and JNJ

Wow quite a week that was! We saw a lot of dividend stocks price coming down to interesting territories… as a result I made a few transactions:

On 04/19:

  • Buy 7 shares of GIS for $44.66 / share.
  • Buy 8 shares of BEP for $31.07 / share.

On 04/24:

  • Buy 5 shares of BIP for $41.06 / share.
  • Buy 3 shares of PG for $73.00 / share.

On 04/25:

  • Buy 5 shares of BIP for $40.75 / share.
  • Buy 4 shares of PG for $72.59 / share.

On 04/27:

  • Buy 3 shares of TXN for $102.98 / share.
  • Buy 3 shares of JNJ for $127.73 / share.

These purchases were done in my taxable account and were transaction free (I recently moved broker and got 60 days free transactions).

My dividend portfolio is updated with above new holdings.


In addition, I also invested some cash which was waiting for opportunity in my SEP IRA:

  • Buy 20 shares of KMB for $97.68 / share.
  • Buy 10 shares of MMM for $205.55 / share.

I do not have this portfolio online yet – it will be soon.

 

 

Dividend Income – March 2018

At the start of every month, I post a report showing the dividends received in my accounts for the previous month. This is always very exciting to see the progress made, and really reveals the true power of compounding using the dividend growth investing strategy! This post shows the grand total but you can check my dividend income page to see the dividend paid per positions.

Dividend income received in March 2018

  • Taxable account: $973.26March 2017 was $698.60

March / June / September and December are my best months for income. Super happy about the difference from 2017 to 2018. I was so close to the big $1,000! Hey, maybe next June…

How did you do in March? Let me know!