DGI Adventure – 05/27/16 – Covered Call Exercised Early – ABX July 17 Expiry – $9.00 Strike

Well that was weird. ABX went ex-dividend yesterday, and apparently some people (or robots) exercised their July 17 $9.00 calls on Wednesday. My shares were selected by the randomizer to be assigned, which means I sold 100 shares of ABX at $9.00/share yesterday. That’s kind of a bummer since ABX was trading between a high… Read More DGI Adventure – 05/27/16 – Covered Call Exercised Early – ABX July 17 Expiry – $9.00 Strike

DGI Adventure – 04/14/16 Covered Call Option Roll Out – WTF Am I Doing?

Loyal readers will remember that I am short the two gold mining stocks in my portfolio. I sold covered calls on my ABX and AUY shares in early January. Since gold miners’ earnings are highly dependent on gold, their share prices are kind of like a leveraged exposure to the price of gold. Since an… Read More DGI Adventure – 04/14/16 Covered Call Option Roll Out – WTF Am I Doing?

DGI Adventure – 02-17-2016 Paydays – Roll Out Covered Calls + Omega Healthcare Investors Inc (OHI)

I got paid yesterday. Woo hoo! OHI paid out its $0.57/share dividend. I got $26.22 since I only own 46 shares. I understand that hindsight is 20/20, but I really feel like I should own more shares. I’ve complained once before about how impatient I was when I bought OHI and should have stuck to… Read More DGI Adventure – 02-17-2016 Paydays – Roll Out Covered Calls + Omega Healthcare Investors Inc (OHI)

DGI Adventure – 02-13-2016 Market Musings – Am I Really That Bad at This?

I fancy myself as a patient, well reasoned investor. I’m not too shaken by short-term gyrations in the market. I like to think that I “get it”. But right now there’s a lot of red…in all of my accounts. I’m not feeling particularly confident at the moment. I’m pretty depressed actually about the whole investing… Read More DGI Adventure – 02-13-2016 Market Musings – Am I Really That Bad at This?