September 2020 Options Income Report - $715.35

CRBP BCRX AMC O dividend income
Here at OptionsBrew.com, we believe transparency is the key to success and that's why we have decided to share our monthly options income reports covering details behind the scenes. That said welcome to the fifth (#5) options income report. Last September we did in total 43 trades / from which most were covered calls and credit spreads There are 42 left open trades with expiry in the next months, with most (36) expiring in October. We managed to take $715.35 from options income during the…

Credit Spread on Macy's (NYSE:M) – 3.3% potential income return in 30 days / 40.12% annualized

M
On September 30, 2020, we sold a bull put credit spread on M stock with an expiry set in the next 30 days. For this trade, we get a premium of $23 (before commissions) M stands for Macy's, Inc.  -  an American holding company founded by Xavier Warren in 1929. Upon its establishment, Federated held ownership of the regional department store chains Abraham & Straus, Lazarus, Filene's, and Shillito's.  Here is our trade setup: BOT 1 M OCT 30 '20 - 5.5 + 4,5 Put Bull Spread  -0.23 USD  For…

Trading plan for October 2020 (Option trades & Stock Buys)

CRBP trading plan
Here at OptionsBrew.com, we believe a trading plan is already a 68% key to success. Without further ado, here is our trade plan for the upcoming month of October 2020. We are looking to buy an additional 13 shares of PFE for our Partnership fund.  At the end of the month, we should have 70 PFE stocks - once we will have 100 shares of PFE we will start selling covered calls on it, see: Covered Call Trade Idea with Weekly Options - Generate $45/week from this Dow Jones list Dividend Stock. …

Closed Covered Call on Two Harbors Investment (NYSE:TWO) with +$107 Profit (10.7% yield in 113 days / 34.56% annualized)

TWO
On September 29, 2020, our 200 shares of Two Harbors Investment (NYSE:TWO) were called away at the strike price of $5 As expected we got assigned before the ex-div date. We won’t take an extra $24, but we are quite happy with the outcome. Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), non-agency securities, mortgage servicing rights, and other financial assets…

Credit Spread on Virgin Galactic (SPCE) – 0.85% potential income return in 4 days (77.56% annualized)

SPCE space stocks
On September 29, 2020, we sold a bull put credit spread on SPCE stock with an expiry set in the next 4 days (October 2). For this trade, we got a $21 premium (before commissions) Virgin Galactic is a British spaceflight company within the Virgin Group. It is developing commercial spacecraft and aims to provide suborbital spaceflights to space tourists and suborbital launches for space science missions. here is our trade setup: SLD 1 SPCE OCT 02 '20 19 Put Option 0.43 USD BOT 1 SPCE…

Covered Call on ET - Potential income return 3.6% in 60 days (21.88% annualized)

ET natural gas
On September 25, 2020, we got assigned 100 shares with ET stock and we sold 1 covered call on this expiring on October 30, 2020. As we were deep in the money, we couldn’t get decent strikes nor decent premiums and ended up this trade with a tiny $4 premium (before commissions). This trade comes as the #37 in the month of September, and according to our trading plan for this month, the premium generated makes us about 0.2% from our $800 monthly goal, while in total we have already reached 82.09…

Covered Call on AMC - Potential income return 5.76% in 35 days (60.01% annualized)

AMC movie stocks
On September 25, 2020, we got assigned 100 shares with AMC stock and we sold 1 covered call on this stock expiring on October 2, 2020. For this trade, we got some small but decent $14 premium (before commissions) AMC Entertainment Holdings, Inc. is an American movie theater chain headquartered in Leawood, Kansas, and the largest movie theater chain in the world. Founded in 1920, AMC has the largest share of the U.S. theater market ahead of Regal and Cinemark Theatres. This trade comes as the…

Covered Call on AMS:AGN - Potential income return 11.11% in 154 days (26.33% annualized)

AMS:AGN dutch stocks
On September 28, 2020, we sold 3 covered calls AMS:AGN stock expiring on November 20, 2020. For this trade, we got some small but decent EUR 15 premium (before commissions) We opened this trade on June 19, 2020, with writing a put option and AGN. As we get assigned we started to sell covered calls. Today is already the second time we are rolling forwards this trade Aegon N.V. is Dutch multinational life insurance, pensions, and asset management company headquartered in The Hague, Netherlands…

Credit Spread on AMC – 7.82% potential income return in 36 days (79.21% annualized)

AMC movie stocks
On September 24, 2020, we sold a bull put credit spread on AMC stock with an expiry set in the next 36 days (October 30). For this trade, we got a $40 premium (before commissions) AMC Entertainment Holdings, Inc. is an American movie theater chain headquartered in Leawood, Kansas, and the largest movie theater chain in the world. Founded in 1920, AMC has the largest share of the U.S. theater market ahead of Regal and Cinemark Theatres here is our trade setup: SLD 1 AMC OCT 30 '20 4.5 Put…

Roll Forward BCS NOV 20 '20 6 2x Covered Call Options 0.05 USD (6.58% potential income in 122 days / 19.61% annualized)

BCS roll forwardBank stocks
On September 24, 2020, we roll forwarded 2 covered calls of BCS stock - a position originally established on July 21, 2020. BCS stands for Barclays PLC - London headquartered multinational bank holding company - Barclays plc is a British multinational investment bank and financial services company, headquartered in London, England. Apart from investment banking, Barclays is organized into four core businesses: personal banking, corporate banking, wealth management, and investment management…

Roll Forward PBCT NOV 20 '20 12 Covered Call Option 0.09 USD (6.71% potential income in 112 days / 21.80% annualized)

PBCT roll forwardBank stocks
On September 23, 2020, we roll forwarded 1 covered call on PBCT stock - a position originally established on July 31, 2020, with buying 100 shares of PBCT paying $11.4 per share and simultaneously sold $12.00 strike price covered call. For today’s trade, we got a small $9 premium (before commissions). As PBCT is part of our dividend portfolio, we are happy for any bits, even if these bits are coming from two-month long options contracts. PBCT stands for People's United Financial, Inc. an…

Roll Forward and Down TWO OCT 16 '20 5 2x Covered Call Options 0.17 USD (6.57% potential income in 129 days / 18.52% annualized)

TWO roll downroll forward
On September 23, 2020, we roll forwarded and rolled down 2 covered calls on TWO stock - a position originally established on June 9, 2020, with the strike prices at $7. With the market tanked we were not able to get any options premium with the strike prices $7 or $6 and because we are trading on margin, it was agreed to roll down this covered call to the strike price at $5.   With the current share price hovering around $5 we are risking to miss a dividend (ex-date September 30), as our…

Roll Forward TLRY OCT 30 '20 7 Covered Call Option 0.10 USD (8.17% potential income in 86 days / 34.64% annualized)

TLRY roll forward
On September 22, 2020, we roll forward 1 covered call on TLRY stock  - a position originally established at the last week of August (Covered Call on TLRY - Potential income return 5.85% in 30 days), but started as a credit spread at the start of August, see: Credit Spread on TLRY – 4.74% potential return in 23 days Tilray is a Canadian pharmaceutical and cannabis company, incorporated in the United States with primary operations headquartered in Toronto, Ontario. Tilray also has operations in…

Roll Forward and Roll Down Bank of America (BAC) OCT 16 '20 28 Covered Call Option 0.10 USD (1.41% potential income in 129 days / 3.95% annualized)

BAC roll forwardBank stocks
On September 22, 2020, we roll forward and roll down 1 covered call on BAC stock - a position originally established at the start of June with the strike price of $29.00 BAC is our "worst" investment as of now, we bought 100 shares at $28.67, and shortly after our buy BAC dipped to $23-$24 range, making it harder for us to get a decent options income, without sacrificing our strike prices. This trade comes as the #30 in the month of September, according to our trading plan for this month, the…

Covered Call on BCS - Potential income return 6.34% in 24 days

BCS Bank stocks
On September 22, 2020, we sold 1 covered call on BCS stock expiring on October 16, 2020. For this trade, we got a small $10 premium (before commissions). BCS - Barclays PLC - London headquartered multinationl bank holding company - Barclays plc is a British multinational investment bank and financial services company, headquartered in London, England. Apart from investment banking, Barclays is organised into four core businesses: personal banking, corporate banking, wealth management, and…