My Trading Account Status 7/26/2014

I didn’t make any trade this past week. Here are the holdings in my trading account as of July 26th, 2014:

DescriptionSymbolQuantityDate AcquiredCost BasisMarket Value
TOTAL$17,132.96
AFLAC INCAFL10001/31/14$6,278.95$6,359.00
AFLAC INCAFL8903/27/14$5,540.75$5,659.51
NELNET INC CL ANNI12112/11/13$4,970.79$5032.39
AFL Aug 16 2014 65.00 CallAFL Call-107/18/14-32.34-42.00
CASH$124.06

AFL is now in the mid $63 range. The price of AFL had been going up ever since I sold a call on AFL (Ugh, Murphy’s Law). So at the beginning of the week, I thought that it might close above $64.00 soon, but the price dropped $0.34 on Friday 7/25 to close at $63.59.

Maybe it will happen next week. Q2 earnings for Aflac with be announced after market hours on 7/29/2014. So, there might be a big swing in price on next Tuesday(7/29) and/or Wednesday(7/30).

There are still three more weeks before my $65 call expires. Can AFL hit $65 in three weeks time? I don’t know, I had strong doubts it would when I sold the call, but with the upward price movement during the past week, I am beginning to think that it might.

As for NNI, Q2 earnings will be announced after market hours on 8/7/2014. So maybe there won’t be any huge movement in price before then.

My real bottom line on 7/26/2014: $17,132.96

Tagged , , , . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *