Happy Friday! Today is the third Friday of the month, which means the monthly options contracts will be expiring. As my brokers’ automated messaging systems have painstakingly pointed out to me every morning this week: I have options positions expiring. Let’s talk about them. GRC Put (one contract) – $25 Strike I sold this contract… Read More DGI Adventure 10-21-16 – Expiry Discussion
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
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?
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)
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?