| Date | Description | Amount | ROI | aROI | Profit |
| 2019-02-15 | Buy UPS @ $111.05 | -$111.05 | |||
| 2019-02-19 | Sell UPS 2/22 2019 $111.00 Call @ $1.00 | $1.00 | |||
| 2019-02-22 | Buy UPS 2/22 2019 $111.00 Call @ $0.01 | -$0.01 | |||
| 2019-02-25 | Div UPS @ $0.96 | $0.96 | |||
| 2019-02-25 | Sell UPS 3/1 2019 $111.00 Call @ $0.88 | $0.88 | |||
| 2019-03-01 | Asgn UPS @ $111.00 | $111.00 | 2.50% | 60.92% | $2.78 |
| 2019-03-01 | Buy and Hold | $112.13 | 1.84% | -- | $2.04 |
Friday, March 1, 2019
UPS -- Closed Dividend Play
UPS closed ITM today, so it will be assigned:
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Do you have a life-time earnings record? Any thoughts on your overall strategy and the success that you've had? Overall it looks positive - relatively small and consistent profits.
ReplyDeleteThe 19 closed CC-List positions have an XIRR of 35.6%. The 53 closed Dividend Plays have an XIRR of 24.3%. I'm currently near even on the four open positions I have.
ReplyDeleteBut, overall, given I'm only partially invested because I wait for opportunities, my returns would be better if I were fully invested in something like SPY or SCHP.
Hi there - are you able to tell me how you calculate the aROI value in Excel - for the life of me I can figure out how to do that? Thanks in advance!
ReplyDeleteIt's just a simple (i.e. not compounded) calculation. So, just the ROI multiplied by (365/(end-start+1)). I don't do a compounded calculation because this kind of covered call investing is more of an income strategy than a growth strategy. I don't reinvest the winnings from one position into the next.
ReplyDeleteSo, in this case, the ROI is about 2.5% over 15 days, so (2.5%*(365/15)) is about 61% aROI.
Thanks - was overthinking it. Thanks for the help and the work you do on the site!
ReplyDelete