Options Trading Income Report – September 2017

By October 8, 2017Trading Income Report

22.45
Total September Income
48.80
Total 2017 Net Income

More of the same…

Option Trades

Not a lot of trading going on in September. Just seven trades for the month with two losers dragging me down. After some examination of trades over the year and in 2016, I’ve decided to revert back to what worked for me in 2016. Over the next few months you’ll see a marked shift in my trading back to primarily covered calls and cash secured puts.

At times I may digress and sell an Iron Condor here or there, but honesty they just don’t fit my style of trading. As I’ve traded options over the past few years I’ve learned you have to trade what works for you. And though I’ve had some drama with selling cash secured puts (mostly dealing with my nemesis CLF), they did REALLY well for me in 2016.

I’ve already made the turn to begin selling cash secured puts in my trades for October, so you’ll see how they go in that income report.

Dividend Income

September was a month for all of my dividends to pay me, which was a nice offset to the options trading. No exciting changes here except to see these keep chugging along!

Lending Club Income

Lending Club continues to chug along growing at a little more than ½% per month, or about 7-8% a year. Again not overly crazy and exciting, but just a continual and steady growth which is what it should be doing. I’ve got a little over $200 in the account which I need to reinvest. I looked at a few loans earlier in September and didn’t see any which matched my criteria so I held off…time to look again!

Until next month!

Happy Trading,

Patrick

 

Account
Dividend Income: $21.55

Lending Club Interest Income: $4.65

Option Trading Income: -$48.65

Total Income:  -$22.45

2017 Net Income:  $48.80

 

Current Stock/ETFs Holdings

Symbol # Shares Quarterly/Monthly Dividend Per Share Annual Dividend Per Share Cost Basis Yield Pay Month
ADM 11.363 $.32 $1.28 $37.10 3.45% C
JNK 10.651 $.178 $2.20 $33.95 6.68% M
VLO 10.501 $.70 $2.80 $52.47 5.33% C
FLO 10.189 $.17 $.68 $15.11 4.50% C
ABR 42.665 $.18 $.72 $7.39 9.74% C

A = (Jan/Apr/Jul/Oct)  B = (Feb/May/Aug/Nov)  C = (Mar/Jun/Sep/Dec)  M = Monthly

 

Dividend Payments

Stock/ETF Total Dividend Paid
JNK $1.74
ABR $7.52

 

ADM $3.29
VLO $7.28
FLO $1.72

 

Option Trades

Strategy Stock/ETF Option Entry Price Exit Price Commission Net Profit # Lots
P NBR 15 Sep 17 7 Put $.38 $.17 -$3.05 $17.95 1
CS SPY 15 Sep 17 243/242 Puts $.18 $.09 -$6.10 $2.90 1
CS IYR 15 Sep 17 81/82 Calls $.30 $.67 -$6.10 -$43.10 1
CS SPY 15 Sep 17 247/248 Calls $.28 $.88 -$6.10 -$66.10 1
CC GRPN 20 Oct 17 4.5 Call $.03 $.01 -$3.09 $.91 2
DS UVXY 20 Oct 17 29/27 Puts $1.22 $1.42 -$6.11 $13.89 1
IC QQQ 20 Oct 17 149/152 Calls 137/134 Puts $.97 $.60 -$12.10 $24.90 1

CC = Covered Call  P = Sold Put  CS = Credit Spread  DS = Debit Spread  IC = Iron Condor  -Rx = Roll #X from previous trade

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