Trades – Aflac, Inc. (AFL) Purchase

Aflac - Logo

After watching and reviewing Aflac, Inc. (AFL) for the past month and a half, today I purchased 30 shares for $1,501.65, including transaction fees, giving me a cost basis of $50.06 per share. This purchase gives me an additional $42.00 in annual dividends, increasing my projected forward 12-month … [Read more...]

Trades – Lorillard, Inc. (LO) Purchase

Lorillard

With some strong downward pressure over the last few months due to the threat of menthol cigarettes being banned, Lorillard, Inc.’s (LO) stock price has not seen the same run-up in price that most of the market has experienced in 2013. As a result of this lack of run-up in price, I decided to … [Read more...]

Trades – ONEOK Partners LP (OKS) Purchase

OKE Partners - Logo

Diversification be damned! Well, not really! However, with the markets on an absolute tear in 2013, especially in January, many of the stable, dividend growth stocks I would be looking to purchase have been priced above my preferred entry points. As such, I am forgoing some traditional investing … [Read more...]

Trades – Kinder Morgan, Inc. (KMI) Purchase

Even with the markets having a record-breaking day, I pulled the trigger on a purchase of Kinder Morgan, Inc. (KMI). I purchased 55 shares for $2,060.85, including transaction fees, giving me a cost basis of $37.47 per share. This purchase gives me an additional $81.40 in annual dividends, … [Read more...]

Trades – INTC Put – Bought-to-Close

Over the last 10 days, Intel Corporation has seen some strong gains, gaining about $0.80, or just under 4%, during that time frame (including today). As a result, the January 18th, 2014 put I sold had dropped significantly in value affording me a too attractive opportunity to lock in some profits. I … [Read more...]

Trades – Purchased SWY Put, Sold INTC Put and Covered Call

Over the last couple of days, the market has seen a pull back, creating some extra volatility. In addition to that volatility, Safeway saw a big jump in share price with a very positive earnings announcement. Simultaneously, the markets continue to punish INTC, keeping their price just above 52-week … [Read more...]

Option Expiration and Assignment – INTC and CSCO

On Friday, February 16, 2013, two of my outstanding options hit their expiration date, with one expiring with no action, and the other being assigned. Intel Corporation (INTC) – Covered Call Intel Corporation closed on Friday at $21.12, and with a strike price of $22.00, my option expired. As I … [Read more...]

Trades – Safeway Inc (SWY) Put

Safeway-Logo

The morning of February 11, 2013, I sold one put contract for Safeway, Inc. (SWY). As a dividend challenger, my expectation is that SWY will continue to maintain or increase their payout, and have the room to do so. Safeway currently has a payout ratio of less than 40%. With a quarterly dividend of … [Read more...]

Trades – Cisco Systems Inc (CSCO) Put

cisco-logo

Just before the end of close on Friday, February 8, 2013, I sold my first put, selling one contract for Cisco Systems, Inc. (CSCO). With all of my options trades, I only make them if I desire to own the underlying position, with CSCO being a company I desire to hold long-term. Without a long … [Read more...]

Trades – My First Option Contract – Intel Corporation (INTC) Covered Call

I will be the first to admit it; I am a rookie at options trading. No doubt about it! But learning is the name of the game. I have learned a tremendous amount by reading the options trading posts by All About Interest, Passive Income Pursuit, and Brick by Brick Investing. My foundation for investing … [Read more...]