Sunday, April 30, 2017

Q1 Update of Stock Additions

2017 has been a more active year than last for sure.  Here is my quarter one update on my stock additions throughout my accounts:

AccountTickerQ1 Gain/Loss %
RRSPSRU.UN1.59%
TFSAEMA.TO3.73%
TFSAFTS.TO7.74%
TFSARPI.UN19.28%
MARGINPTM.TO-17.20%
MARGINCBRL-0.50%
MARGINGILD-2.07%ASSIGNED @ $70
MARGINKR-4.35%ASSIGNED @ $31
MARGINSBUX8.22%ASSIGNED @ $55.50
MARGINSKT-5.46%
MARGINTEVA-9.77%ASSIGNED @ $35
Over the past few months, I've been selling a lot of puts for extra income on the side in my margin account.  However, if the stock price goes below your strike price, you will get assigned 100 shares of each contract you sell.  I've been assigned on four stocks thus far.  When I get assigned shares, I usually sell cover calls to try to get rid of the stock.  

Current short options on assigned stocks (multiple of 100):

GILD May5 CALL @ $72 - Collected $0.41
KR May19 CALL @ $32 - Collected $0.20
SBUX May19 PUT @ $52.50 - Collected $0.74
SBUX May19 CALL $57.50 - Collected $0.49
TEVA May19 PUT $32.50 - Collected $1.33
TEVA May19 CALL $35 - Collected $0.22

Since, I've been assigned shares, my USD cash is in the negative of $12.5k.  $SBUX will most likely be called away by May19.  $GILD is climbing closer, but they are due to report earnings on May 2nd.  This can go either way.  I am hoping $GILD will beat so I can lower my margin and risk factor.





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