Wednesday, 1 October 2014

September Account Activity

September has always been my most profitable month for generating investment income.

This month, I added a new corporation to my collection. I bought 1,000 shares of Surge Energy (SGY.TO) and sold 20 SGY puts to buy 2,000 additional shares on a pullback. Although I was very happy last month after paying off my margin debt, I borrowed $7,000 at an interest rate of 4% to purchase SGY.

On the final day of the month, I sold my 150 shares of Boeing Co (BA) to purchase 200 additional shares of Colgate-Palmolive (CL) and 60 additional shares of Wal-Mart Inc (WMT).

This past week, the majority of my stocks have been declining. I am very lucky that my available margin has been steady. The Monday after option expiration (September 22) I had planned to place several large option positions for November expiration. After working an early day shift Sunday, I received a call at 10pm that night offering me a shift from midnight to 7am. Having been awake for 26 hours, I was too tired to trade. If I had placed the trades as planned, I would have likely had experienced several losses.

Listed below is my account activity for the month of September


Company Name         Amount of Dividend

Agellan Commercial REIT    $239.66
Baytex Energy                     $288.00
Boeing Co                           $109.50
Bonterra Energy                  $150.00
BP                                       $292.50
Cenovus Energy                   $212.96
Enbridge Inc                         $210.00
Fortis Inc                              $320.00
Inter Pipeline Ltd                  $125.67
Johnson & Johnson              $350.00
Keyera Corp                         $132.44
Leisureworld Corp                $225.00
McDonald's Corp                  $324.00
NW Healthcare REIT            $143.61
Pembina Pipelines               $162.69
PepsiCo                                $281.65
RioCan REIT                        $101.76
Suncor Energy                       $84.00
Wal-Mart                               $50.40

    Total Dividends     $3,803.84


The following is a list of my September option trades. The premiums are the amounts of cash I received after commissions.

Date        Position                      Premiums

09/04    2P    BP  Jan/16  $42           $671.49
09/04.  20P  SGY  Oct    $8              $265.01
09/09    3P  SBUX Jan/16 $60         $601.24
09/19  -5P  CPG   Sept    $42          -$316.24
09/19   5P  CPG   Oct     $42            $533.76
09/19  10P  CVE  Nov    $29            $207.51
09/16  -15P  YUM  Sept  $72.50   -$1,468.74
09/16   15P  YUM  Oct   $72.50     $3,586.18
09/17    3P   GIS  Jan/17  $45        $1,126.23
09/19    1P  PEP  Jan/17  $80            $518.74
09/19   25P  XOM   Nov $87.50         $883.73
09/23    1P   JNJ    Jan/17  $90          $538.74
09/23   25P   PG    Nov     $75          $283.75
09/25    5C  GEI   Nov     $38           $183.76
09/29    3C  EMA  May    $36           $151.26
09/30   2C  WMT  Nov    $77.50       $205.50

     Total Option Premiums   $7,971.92

Interest Charges

Margin Debt                                        $5.60
Line of Credit                                    $40.80

    Intrest Charges                  -$46.40

Total September Income:      $11,729.36

Ticker Symbols

* TSX listed stocks and options are listed in Canadian currency and the remainder are listed in US currency (exchange rates may vary)

CPG - Crescent Point Energy (TSX)
CVE - Cenovus Energy (TSX)
EMA - Emera Inc (TSX)
GEI - Gibson Energy (TSX)
GIS - General Mills
JNJ - Johnson & Johnson
PEP - PepsiCo
PG - Proctor & Gamble
SBUX - Starbux
SGY - Surge Energy (TSX)
TGT - Target Corp
WMt - Wal-Mart Stores
XOM - Exxon-Mobil Corp
YUM - Yum Brands


  1. nice job!
    would it be too much trouble next time, for dividends, to list the amount of shares held, the qtr div per share, and the annual yield.

    also do you get into these stocks before the div deadline, and then get out after div payment, and move capital to another stock to receive other dividends?

    1. Thanks for your comments.

      I am currently working on a blog post listing my holdings and their annual dividends. I prefer to post my monthly account activity desperately.

      I am in the process of adjusting my holdings to take advantage of current market opportunities. However, I do not try to increase my income through trading based on corporation ex dividend dates; any past attempts to time the market have been unsuccessful.


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