My Trading Account Status 8/30/2014

Here are my holdings as of August 30th, 2014:

DescriptionSymbolQuantityDate AcquiredCost BasisMarket Value
TOTAL$16,985.70
AFLAC INCAFL10001/31/14$6,278.95$6,124.00
AFLAC INCAFL8903/27/14$5,540.75$5,450.36
AT&T INCT1008/22/14$3,463.60$3,496.00
CASH$1,915.34

First of all, let me apologize (to my dear semalt readers). I didn’t write an update last week because I didn’t have the time.

However, I did make a trade in the week of August 17th. In my last post, I said that I might write another put option. I did, but not on WFC. In … Read more

My Trading Account Status 8/16/2014

Here are my holdings as of August 16th, 2014:

DescriptionSymbolQuantityDate AcquiredCost BasisMarket Value
TOTAL$16,737.84
AFLAC INCAFL10001/31/14$6,278.95$6,010.00
AFLAC INCAFL8903/27/14$5,540.75$5,348.90
CASH$5,378.94

The Aug 16 $65.00 AFL call has expired. AFL ended this week at $60.10, so none of my shares are called away from me (as expected). I will look into selling a call again on my shares of AFL if the stock price goes up to the $63~$64 dollars range.

Do you notice that my cash balance increased a bit from last week? I … Read more

My Trading Account Status 8/9/2014

Here are my holdings as of August 9th, 2014:

DescriptionSymbolQuantityDate AcquiredCost BasisMarket Value
TOTAL$16,534.48
AFLAC INCAFL10001/31/14$6,278.95$5,919.00
AFLAC INCAFL8903/27/14$5,540.75$5,267.91
AFL Aug 16 2014 65.00 CallAFL Call-107/18/14-32.34-1.00
CASH$5,348.57

Looking at the table, do you notice what has changed from last week?

Earnings for Nelnet was announced this past week and it beat estimates by $0.07.  The stock price rallied soon after this news and it closed at $43.92 on Friday, August 9th, 2014. I sold all 121 shares in … Read more

My Trading Account Status 8/2/2014

My holdings took a hard hit this past week. Here they are as of August 2nd, 2014:

DescriptionSymbolQuantityDate AcquiredCost BasisMarket Value
TOTAL$16,311.40
AFLAC INCAFL10001/31/14$6,278.95$5,912.00
AFLAC INCAFL8903/27/14$5,540.75$5,261.68
NELNET INC CL ANNI12112/11/13$4,970.79$5,016.66
AFL Aug 16 2014 65.00 CallAFL Call-107/18/14-32.34-3.00
CASH$124.06

If you haven’t heard already, the DJIA fell 317 points on Thursday, July 31st, 2014, and another 69 points on Friday, August 1st, 2014.

AFL closed out for the week at $59.12. Ouch! On my … Read more