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Looking Forward To 7/26/2019

|About: Johnson & Johnson (JNJ), O, UPS, Includes: ABBV, BX, GPC, KO, MCD, MO, MSFT, T, UVXY, WM, WMT, WPC, XOM
Summary

Option positions initiated.

Options expiring.

Options "trading month" ending.

Dividends arriving.

Added 7 more Pre positions to the BB20.

Before we start I wanted to set the tone:

So now we got THAT settled, let's get back to the operative word of the week: MONEY. What's on tap? (ok, terrible pun but I thought it was funny)

Monday we* wanted to sell:

  • 99 Call options on UVXY in account #1
  • 110 Put options on UPS in account #2
  • 158 Put options on O in account #2
  • 136 Put options on WPC in account #2.
  • 78 Calls on JNJ in account #2.
  • 108 Calls on GPC in account #2.

But I was too slow out of the gate, and the JNJ order didn't fill as JNJ faded even more. Maybe tomorrow. Same on UVXY, same on WPC, except it went up on a lackluster day. Go figure..

THEN I clicked something 2 times and now have a double dip on O:

and

oops.

Oh well, it's just for a month.

UPS filled:

GPC filled:

We used some of those premium credits for initial small shares nibbles on:

ABBV, XOM, KO, MO, MSFT, MCD, WMT, WM and reducing margin.

Currently held options expiring Friday:

  • BX 07/26/2019 44.00 P -250
  • JNJ 07/26/2019 132.00 P -50
  • JNJ 07/26/2019 133.00 P -50
  • JNJ 07/26/2019 134.00 P -50
  • MO 07/26/2019 47.50 P -100
  • T 07/26/2019 32.00 P -223
  • UVXY 07/26/2019 28.00 C -150

Newly opened options expiring Friday: 

  • UPS 07/26/2019 102.00 P -100

All the other positions initiated were for 8/2 or 8/16.

2 YUUUUUGE dividend weeks coming up:

Account #1

July
stock date #of shares div total
REML 7/22/2019 28,500 $0.92 $26,305.50
SMHB 7/23/2019 40,000 $0.45 $17,948.00
NLY 7/31/2019 71,000 $0.25 $17,750.00
total $62,003.50

Account #2

Projected dividends
July date # of shares div total $
O 7/15/2019 15,800.00 $0.2265 $3,578.70
NLY 7/31/2019 120,000.00 $0.2500 $30,000.00
AMZA 7/30/2019 181,000.00 $0.0800 $14,480.00
total $48,058.70

Uncle Scrooge will be happy to count that..

Will buy some more shit (or sell some more Puts) with that $ too. TradingCat is pleased.

YRMV

*means me and TradingCat

Disclosure: I am/we are long AMZA, BX, GPC, HD, JNJ, MO, NLY, O, PG, SKT, T, UPS, UVXY.