DGI Adventure 11-14-16 Sold Covered Call – Gorman-Rupp Co (GRC) – $30 Strike – Dec 16 Expiration

I wound up with 100 GRC shares by selling a cash secured put that expired in the money and was assigned to me. The put in question was sold back in September and expired a couple weeks ago. The strike price at which I got assigned was $25/share. The share price kept falling after I… Read More DGI Adventure 11-14-16 Sold Covered Call – Gorman-Rupp Co (GRC) – $30 Strike – Dec 16 Expiration

DGI Adventure 10-27-16 Sold Cash Secured Put + Cisco Systems, Inc. (CSCO) – $29.00 strike – Nov 18 Expiration

This trade was actually executed yesterday 10/26/16. I went through my investment thesis process for CSCO when I first initiated a position back in June, so this post will just be to record the trade. I have updated the portfolio and income tracker back at the mothership to reflect this position. Dividend Cycle CSCO went… Read More DGI Adventure 10-27-16 Sold Cash Secured Put + Cisco Systems, Inc. (CSCO) – $29.00 strike – Nov 18 Expiration

DGI Adventure 09-16-16 Quadruple Witching: Activity Summary and Expiry Discussion

Today is quadruple witching day!! Happy quadruple witching!!! When in need of a meaningless story, the financial media sure likes to point out when this happens, although, I’m skeptical if it’s really that much different from any other Friday. Well for our purposes, we know that means it will be a day of reckoning after… Read More DGI Adventure 09-16-16 Quadruple Witching: Activity Summary and Expiry Discussion