October 2014 – Expiration Report

The October expiration (17th) fell somewhat in the recent dip. So I got assigned on a lot of stocks:

  • OKE for 65 (ouch)
  • AFL for 60
  • WFC for 50
  • XOM for 97,50 (ouch)

I rolled a 125 PX put to next month and down to 120.

And a few positions expired worthless (or I bought them back earlier):

  • YUM – 1 x 68.00 Put – $73.82
  • CSG – 6 x 7.50 Put – $115.26
  • ARCP – 4 x 12.50 Call – $99.76
  • OHI – 2 x 35.00 Put – $59.92

So far my REITs are doing really well. The more traditional dividend stocks are mostly down. But this is just the beginning of a long journey. So I’m sure all will work out well…

I also sold a few calls for my assigned positions (see above):

  • WFC – 50 Call – 11/14 (for $0.50)
  • OKE – 65 Call – 01/15 (for $1.10)
  • AFL – 60 Call – 02/15 (for $1.35)

If my stocks are called away I will have sold them for the same price I bought them (via the put assignment). So my profit will then be the put premium, the dividend and the call premium.

My next candidate for a short put is KO (Coca Cola) – it dropped down to around 40.

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