DGI Adventure 03-02-2017 Month in Review – February 2017

Well the shortest month of the year is over. This month’s brevity, however, belies its significance. It was extremely busy. Most importantly we bought a second house and moved to Denver, CO. Month to month our total liquid assets dropped substantially as a result of the 20% down-payment. Of course we didn’t lose that money,… Read More DGI Adventure 03-02-2017 Month in Review – February 2017

DGI Adventure 10-29-16 Sold Cash Secured Put + Investment Thesis – Polaris Industries Inc. (PII) – $75.00 strike – Nov 18 Expiration

This trade was actually executed on Tuesday 10/25/16. I didn’t get a chance to write about it until today. Please visit the core philosophies article on my investment thesis process for a deeper explanation of the components of this article. I have updated the portfolio and income tracker back at the mothership to reflect this… Read More DGI Adventure 10-29-16 Sold Cash Secured Put + Investment Thesis – Polaris Industries Inc. (PII) – $75.00 strike – Nov 18 Expiration

DGI Adventure 10-22-16 Sold Covered Call – Valero Energy Corporation (VLO) – $58.50 strike – Nov 11 Expiration

This trade was actually executed on Tuesday 10/18/16. I didn’t get a chance to write about it until today. I sold a VLO Nov 11 ‘16 $58.50 call option for a premium of $53.22 after fees, which works out to a 0.91% absolute return (using the $58.50 strike as the denominator “at risk”). Since the… Read More DGI Adventure 10-22-16 Sold Covered Call – Valero Energy Corporation (VLO) – $58.50 strike – Nov 11 Expiration

DGI Adventure 09-07-16 Sold Covered Call – Valero Energy Corporation (VLO) – $58.00 strike – Oct 07 Expiration

This trade was actually executed yesterday 09/06/16. I sold the covered call for $56.22, which is a 0.97% absolute gain on the $58 strike price. The trade will be in force for 31 days making for an 11.42% annualized gain. The premium is nearly the equivalent of a quarterly dividend payment, but with a duration… Read More DGI Adventure 09-07-16 Sold Covered Call – Valero Energy Corporation (VLO) – $58.00 strike – Oct 07 Expiration

DGI Adventure 08-24-16 Sold Cash Secured Put – VEREIT Inc. (VER) – $10.00 strike – September 02 Expiration

This trade was actually executed on Wednesday 08/17/16. I didn’t get a chance to write about it until today. This is an existing position, I’m just trying to move ownership of shares into a tax advantaged account. The dividends are unqualified, so I pay full income tax on them if I hold shares in my… Read More DGI Adventure 08-24-16 Sold Cash Secured Put – VEREIT Inc. (VER) – $10.00 strike – September 02 Expiration

DGI Adventure 08-23-16 Sold Cash Secured Put + Investment Thesis – Target Corporation (TGT) – $69.00 strike – September 02 Expiration

This trade was actually executed on Wednesday 08/17/16. I didn’t get a chance to write about it until today. Please visit the core philosophies article on my investment thesis process for a deeper explanation of the components of this article. Dividend Cycle TGT went ex-dividend on 8/15, two days before this trade. Target is a… Read More DGI Adventure 08-23-16 Sold Cash Secured Put + Investment Thesis – Target Corporation (TGT) – $69.00 strike – September 02 Expiration

DGI Adventure 08-06-16 Sold Cash Secured Put – HCP, Inc (HCP) – $37.50 strike –  Aug 19 Expiration (plus bonus options expiry discussion)

This trade was actually executed yesterday 08/05/16. For my last trade in HCP, I posted a full blown writeup that (sort of) conformed to the core philosophies article on my investment thesis process. My crisis of faith in REITs still isn’t resolved, but it’s not enough for me to sell out of the position. I… Read More DGI Adventure 08-06-16 Sold Cash Secured Put – HCP, Inc (HCP) – $37.50 strike –  Aug 19 Expiration (plus bonus options expiry discussion)