The past month was very profitable for my investment account. This was mainly due to my selling of Jan/16 put options. In previous years, I had sold large amounts of longer dated puts, therefore, resulting in extremely high premium earnings. This year, I decided to focus more on small frequent shorter-term gains, rather than taking higher risks due to uncertainty created by the fear of a possible market correction.
In June, I expect to receive higher dividend income and lower option premiums than in the month of May.
Listed below is my account activity for the month of May.
DIVIDEND INCOME
Company Name Amount of Dividend
Baytex Energy $264
Colgate-Palmolive $204
Crescent Point Energy $117.30
General Mills $264
Keyera Corp $108
Pembina Pipelines $165.24
RioCan REIT $167.09
Total Dividends $1,289.63
OPTION PREMIUMS
The following is a list of my May option trades.
The premiums are the amount of cash I received after commissions.
Date Position Premiums
05/07 10P PG July $65 $177.50
05/13 10P GEI \June $26 $277.51
05/15 4C MCD Sept $110 $201
05/17 25P PEP July $70 $283.75
05/17 25P GIS July $42 $233.75
05/21 30P CL July $67.50 $402.49
05/21 3P CVE Jan/16 $28 $1,231.26
05/21 2P ENB Jan/16 $44 $717.51
05/21 1P TD Jan/16 478 $918.76
05/23 3P KEY Jan/14 $58 $616.26
05/31 4P PPL Jan/14 $30 $365.01
Total Option premiums $5,424.80
Total May Investment Income $6,714.43
Ticker Symbols
CL Colgate Palmolive
CVE Cenovus Energy (TSX)
ENB Enbridge Inc (TSX)
GEI Gibson Energy (TSX)
GIS General Mills
KEY Keyera Corp (TSX)
MCD McDonald's Corp
PEP PepsiCo
PG Proctor & Gamble
PPL Pembina Pipelines (TSX)
TD Toronto Dominion Bank (TSX)
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