Expiration Friday came and went, and as expected, I had four
positions assigned. The four are listed below, including the absolute return
percentage and the length of the holding:
- CSX, 20.15%, 510 days
- DOW, 13.75%, 330 days
- F, 2.98%, 30 days
- GLW, 16.96%, 510 days
Since I
posted recently about CSX, F, and GLW at the following links, the only result I
plan to update today is DOW.
I’m looking
at getting about $35K back into the market now.
At the beginning of the month, I thought I might follow that old rule of
selling in May and going away – my portfolio has positions that expire in June
and July, and then there are two per month in August, September, and October –
all set up for that conservative philosophy.
But I’ve
come back around to the thought that the market might have the strength to
continue testing new highs, and it may even continue this year’s growth trend
throughout the summer. So I need to find
some solid, diverse, new positions to hold me over. That hard work will begin immediately.
In the
meantime, here is the analysis of the DOW position, the only one of the four
assigned stocks I haven’t posted on recently.
DOW
300 shares, basis
$9,554.53, per share average $31.85, assigned at $32.00
Option Premiums: $934.67
Dividends Collected: $352.00
Stock Gain:
$27.57
Total:
$1,314.14
Absolute return 13.75%
Annualized return (330 days) 15.21%
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