Sunday, 2 November 2014

October Account Activity

The recent market pullback provided opportunities to make changes to my holdings. I sold a few high yielders to purchase dividend growers.

In my Tax Free Savings Account (TFSA), I held NorthWest Healthcare REIT (NWH-UN) and RioCan REIT (REI-UN). Both companies pay monthly income to their investors. I chose to sell these holding to purchase shares of TD Bank (TD) and Bank of Montreal (BMO). Although the banks provide lower yield than the REITs, they offer higher dividend growth. I will also sell call options to create additional income.

In my margin account, I sold my TD shares and bought 84 additional shares of Keyera Corp (KEY.TO) to bring my total holding to 700 shares. I also purchased 200 shares of TransCanada Corp and sold call call options. I used the additional $3,100 cash in my account to reduce my line of credit.

I added an exciting company to my collection. I bought 80 shares of Hershey (HSY) for a long-term hold. I will purchase additional shares after I sell Wal-Mart (WMT) when I take assignment on my Nov $77.50 calls.

I rolled my 5 Nov EMA $36 calls to Feb to avoid early assignment. The following day, my 3 May EMA $36 calls were assigned forcing me to sell 300 shares of Emera Corp prior to the ex dividend date. I purchased 300 shares of Peyto Exploration (PEY.TO) at $31.80 with the proceeds and sold 3 Nov $32 calls.

Listed below is my account activity for the month of October


  Company Name         Amount of Dividend

Agellan Commercial REIT       $241.34

Batex Energy                         $288.00
Bonterra Energy Corp.            $150.00
Gibson Energy                       $450.00
Inter Pipeline Ltd                    $125.99
Keyera Corp                          $132.44
Leisureworld Corp                  $225.00
NW Healthcare REIT              $144.54
Pembina Pipelines                  $162.69
RioCan REIT                          $102.11
Surge Energy                           $50.00
TD Bank                                $376.00

    Total Dividends            $2,448.11


The following is a list of my October option trades.

The premiums are the amounts of cash I received after commissions.

  Date        Position                 Premiums

10/06    5P  XOP   Oct   $61        $218.75
10/06    5P  XOP   Nov  $59        $433.75
10/06 -10P  CPG  Oct    $42   -$3,222.49
10/06  10P  CPG  Nov   $42     $3,527.51
10/06 -10P  CVE  Oct   $30    -$1,122.49
10/06  10P  CVE  Nov   $30      $1,437.51
10/13  -5P  XOP   Oct   $61     -$2,266.24
10/13   5P  XOP   Nov   $59     $2,358.70
10/14 -10P  ALA  Oct    $48    -$4,672.49
10/14   10P ALA Nov    $48      $4,877.51
10/15   -5P  CVE Oct    $26.       -$156.24
10/15  -25P XOM Oct   $90     -$4,516.24
10/15   25P XOM Nov  $87.50   $7,033.60
09/15  -15P YUM Oct   $72.50 -$9,028.74
10/15   15P YUM Apr/15 $70     $9,721.04
10/20    3C  SU   March/15 $44     $184.26
10/20    4C  TD    Dec       $56       $197.01
10/22    2C  TRP  Dec       $58         $97.51
10/24   10P SBUX Nov     $66       $137.50
10/27    2C  BMO  Nov    $82.50     $89.51
10/27   -5C  EMA  Nov    $36      -$566.24
10/27   5C   EMA  Feb/15  $36      $633.76
10/30   3C   PEY   Nov     $32        $226.26

     Total Option Premiums   $5,623.01

Interest Charges

Margin Interest                               $20.27

Line of Credit                                 $48.06

   Total Interest Charges          -$68.33

Total October Income:    $8,002.79

Ticker Symbols

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

ALA - AltaGas (TSX)
BMO - Bank of Montreal (TSX)
CPG - Crescent Point Energy
CVE - Cenovus Energy (TSX)
EMA - Emera Corp (TSX)
PEY = Peyto Exploration (TSX)
SBUX - Starbucks
SU - Suncor Energy Inc (TSX)
TD - TD Bank (TSX)
TRP - TransCanada Corp (TSX)
YUM - Yum Brands
XOM - Exxon Mobil Corp

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