Bank stocks
Closed Covered Call on Barclays (NYSE:BCS) with +$30 Profit (6.34% yield in 24 days / 136.12% annualized)
On October 16, 2020, our 100 shares of Barclays (NYSE:BCS) were called away at the strike price of $5
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
We have been in this…
Roll Forward and Roll Down Bank of America (BAC) NOV 27 '20 27.5 Covered Call Option 0.15 USD (0.11% potential income in 172 days / 0.23% annualized)
On October 19, 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 #23 in the month of October, according to our trading plan for this month, the…
Naked Put on Deutsche Bank (FRA:DBK) - Potential income return 3.17% in 39 days (28.53% annualized)
On October 12, 2020, we sold 1 naked put on Deutsche Bank (FRA:DBK)) stock expiring on November 20, 2020. For this trade, we got a EUR 24 premium (before commissions).
Deutsche Bank AG is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed in New York Stock Exchange and Frankfurt Stock Exchange. The bank's network spans 58 countries with a large presence in Europe, the Americas and Asia.
This trade comes as the #11 in the…
Roll Forward Deutsche Bank (FRA:DBK) OCT 16 '20 7.4 Covered Call 0.17 EUR (Potential income 4.67% in 25 days / 68.18% annualized)
On October 2, 2020 we roll forwarded 1 covered call on Deutsche Bank (FRA:DBK) stock - a position originally established on September 21, 2020.
Deutsche Bank AG is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed in New York Stock Exchange and Frankfurt Stock Exchange. The bank's network spans 58 countries with a large presence in Europe, the Americas and Asia
This trade comes as the #2 in the month of October,…
Roll Forward BCS NOV 20 '20 6 2x Covered Call Options 0.05 USD (6.58% potential income in 122 days / 19.61% annualized)
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)
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 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)
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
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…
Covered Call on Deutsche Bank (FRA:DBK) - Potential income return 2.48% in 11 days (82.28% annualized)
On September 21, 2020, we sold 1 covered call on Deutsche Bank (FRA:DBK)) stock expiring on October 2, 2020. For this trade, we got a EUR 23 premium (before commissions).
Deutsche Bank AG is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed in New York Stock Exchange and Frankfurt Stock Exchange. The bank's network spans 58 countries with a large presence in Europe, the Americas and Asia
This trade comes as the #27 in…
Credit Spread on AMS:INGA – 2.33% Potential Income Return In 39 Days
On September 7, 2020, we sold a bull put credit spread on AMS:INGA stock, set with expiry in the next 39 days (October 16, 2020). For this trade, we got a small EUR 15.42 premium (after commissions)
AMS:INGA - The ING Group is a Dutch multinational banking and financial services corporation headquartered in Amsterdam. Its primary businesses are retail banking, direct banking, commercial banking, investment banking, wholesale banking, private banking, asset management, and insurance services…
Roll Forward and Roll UP BAC SEP 18 '20 29 Covered Call Option 0.13 USD (4.83% potential income in 105 days)
On August 28, 2020, we roll forward and roll up 1 covered call on BAC stock - a position originally established at the start of June with the strike price of $29.00, see: Covered Call on BAC - Potential income return 3.52% in 5 days. For this roll forward covered call we got an additional $13 (before commissions).
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…
Roll Forward BCS SEP 18 '20 6 Covered Call Option 0.08 USD (6% potential income in 57 days)
On August 24, 2020 we roll forwarded 1 covered call of BCS stock - a position originally established on July 21, 2020 with buying 100 shares of BCS paying $5.93 per share and simultaneously sold $6 strike price covered call. See: Covered Call on BCS - Potential income return 5.05% in 31 days
This trade comes as the #48 in the month of August, and if we stick with our trading plan for this month, the premium generated from this trade makes us just 0.74% from our $750 monthly goal, while in…
Roll Forward PBCT SEP 18 '20 12 Covered Call Option 0.05 USD (6.14% potential income in 49 days)
On August 24, 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. See: Covered Call on PBCT - Potential income return 5.92% in 21 days
For todays trade, we got a small $5 premium (before commissions). As PBCT is part from our dividend portfolio, we are happy for any bits
PBCT stands for People's United Financial, Inc. an American…
Roll Forward and Down INGA AUG 7 '20 6.3 Covered Call Option 0.03 EUR (1.79% potential income in 53 days)
On August 3, 2020, we roll forward and roll down 1 covered call on INGA (Amsterdam) stock - a position originally on June 16, 2020 with the strike price of EUR 6.7, see: Covered Call on INGA - Potential income return 4.83% in 3 days For this roll forward covered call we get an additional EUR 3 (before commissions)
This trade comes as the #1 in the month of August, and if we stick with our trading plan for this month, the premium generated from this trade makes us about 0.29% from our $750…
Covered Call on PBCT - Potential income return 5.92% in 21 days
On July 31, 2020, we sold 1 covered call on PBCT stock expiring on August 21, 2020. For this trade, we got a $10 premium (before commissions).
This trade comes as the #42 in the month of July, and if we stick with our trading plan for this month, premium generated from this trade setup makes us about 1.08% from our $700 monthly goal, while in total we have already reached 123.86% from our monthly goal.
PBCT stands for People's United Financial, Inc. an American bank holding company that owns…