Tuesday, 23 June 2015

June 2015 Portfolio

Month of June

May did not present much of an opportunity with regards to stocks. I was hoping to get in on some deals but it did not do much. Greece default looms on the horizon and is affecting the US market. Singapore organised the 28th SEA Games and had the most medals of all countries which participated. New round of BTO came out and we applied for Canberra. Hoping the ballot number would be good as it was a hot project.


Stocks 

After a nice earnings season, this month I was hit with a series of losses and my account went back down nearly 1K. Most of my stocks hit my stop loss within the last 2 weeks making me without a position. Nonetheless, the loss incurred was within expected parameters and currently I’m only holding UA as it was recently entered.

I did more trades with stock options this month and it has proven to at least cover some losses when the market did not go as expected. J


Net Asset Value
December 31, 2014
June 19, 2015
Total
Long
Short
Total
Change
Cash
3,840.72
5,523.40
0
5,523.40
1,682.69
Stock
7,429.46
6,820.76
0
6,820.76
-608.70
Options
0
0
-47.11
-47.11
-47.11
Interest Accruals
0
0
-2.55
-2.55
-2.55
Total
11,270.18
12,344.16
-49.66
12,294.50
1,024.33
Time Weighted Rate of Return
9.09%

Open Positions
Symbol
Quantity
Cost Price
Cost Basis
Close Price
Value
Unrealized P/L
UA
82
81.400195
6,674.82
83.17
6,820.76
145.94
Total

6,674.82

6,820.76
145.94
Symbol
Quantity
Cost Price
Cost Basis
Close Price
Value
Unrealized P/L
Equity and Index Options
T 02JUL15 34.0 P
-1
0.249075
-24.91
0.1075
-10.75
14.16
UA 02JUL15 80.0 P
-1
0.646568
-64.66
0.3636
-36.36
28.30
Total

-89.56

-47.11
42.45



Dividends

Dividend was collected for Alaska Air Group in June. Again we see the effects of the dividend tax imposed on foreign investors. 30% is quite a substantial amount for taxes. Also the main reason I do not look at dividend stocks in the US.

12/02/2015
AAPL(US0378331005) CASH Dividend 0.47000000 USD per Share (Ordinary Dividend)
17.86
12/02/2015
AAPL(US0378331005) CASH Dividend 0.47000000 USD per Share - US Tax
-5.36
4/6/2015
ALK(US0116591092) CASH Dividend 0.20000000 USD per Share (Ordinary Dividend)
10.60
4/6/2015
ALK(US0116591092) CASH Dividend 0.20000000 USD per Share - US Tax
-3.18
Total Dividend 2015
$19.92


Options on Futures 


After looking at my journal, I realized I was on a string of expired positions until recently where I had to close a few contracts because they hit my stop losses. I stick to my rules to exit when the designated target has been reached. In the game of finance, I rather have a few small losses than 1 big loss which can potentially wipe out the account.

The net effect of June was still positive despite closing multiple positions at a loss. I still have contracts for Crude Oil, E-Mini S&P, Gold, Natural Gas and Corn set to expire in the next 1-3 months.


Contracts Expired

Oct 2014
-$920.00
($612.5 - $1450 - $82.5)
Nov 2014
$672.50
($937.5 - $265)
Dec 2014
$917.50
($642.5  +  $275)
End 2014
$670.00
Contracts Expired

Jan 2015
$802.50
($1402.5 - $525 + $225 - $300)
Feb 2015
$1,187.50
($1725 - $537.5)
Mar 2015
$1,502.50
($612.5 + $650 + $240)
Apr 2015
$433.00
($265 + [$192 - $185] + $161)
May 2015
$1,066.00
([$470 - $20] + [$280 - $10] + [$111 x 2] + $124)
Jun 2015

$689.00

($420 + $150 + $135 + $300 + $380 + $54 + $56 + 
($240 - $300) + ($57 - $123) + ($420 - $880) + ($220 - $440)
End 2015
$5,680.50

The overall cash profit since Jul-14 was 127.30% and YTD was 65.14%. This number is derived from the cash statement of my brokers. Of course it should be said that it includes money in the escrow account which the broker will return to me when the option expires.


Total Invested Capital
$10,000.00
Starting Capital of 2015
$10,670.00
Cash and Sweep
$22,730.30
Total Gain/Loss YTD
$5,680.50
53.24%


Investing Wolf 
Disclaimer: This is not a recommendation to buy or sell any mentioned stocks or securities in this blog. 





6 comments:

  1. are u an investor or are you a trader?

    ReplyDelete
  2. Hi Felix,

    That very much depends on your definition of an investor and a trader.

    I prefer to think of myself as an investor (selling contracts and waiting for them to expire 1-3 months later) while doing short term trades on company earning season (usually < 5 days).

    Investingwolf

    ReplyDelete
  3. Hey investing wolf how did you first started going about learning options?

    ReplyDelete
    Replies
    1. Hi Dexter,

      Funny it should be asked. I chanced upon options in 2 seperate previews (1 for buying option, 1 for selling options). After the previews, I went back and did my own research. I eventually got the information through many books and videos and went with live. The rest is as written in the blog posts.

      Delete
    2. Nice! What advice would you give someone who wants to learn more? Any particular books to read?

      Delete
    3. Hi Dexter,

      Perhaps you might want to let me know where are you in terms of knowledge of the investment world so that i can share some knowledge.

      Delete