June 2021 Options Income Report - $1,223.04; Net Liquidity EUR 11,844

The last June, I did a total of 105 trades / from which most were credit spreads and covered calls. Last month we did a lot of options adjustments, by rolling forward and down both put and call options.

We managed to take $1,223.04 from options income during the month of June, which is about 3.05% of our $40,000 goal for 2021.

The options income is so low because we bought a few LEAP call options last month

Half of the income will be withdrawn, while for the other half we will buy some PBCT and some other dividend aristocrat stock.

  • Net Liquidity: EUR 11,844 (-EUR 1,732)

  • Securities gross position value: EUR 58,037 (+EUR 21,489)

  • Cash balance: - EUR 12,826 (-EUR 12,256)

  • Stock value: EUR 33,975

Dividend income

Our dividend income portfolio value now is $17,880.56, which generates about $5.16 (-$2.72) monthly dividend income. a little drop happened because we sold 100 shares with PNNT. Anyhow, we have a lot of cash to be deployed in dividend aristocrat stocks

Here are all our holdings (as of July 05, 2021)

Trading plan for July 2021 (Option trades & Stock Buys)

We are looking to buy an additional 10 KO, 6-8 and INTC. Also at the end of the month, we will spend half of our options income to purchase additional PBCT and JNJ stocks. Additionally, we consider purchasing more shares with ARCC stock

For the month of July, we are looking to sell mostly covered calls only on positions already established. We might sell credit spreads on stocks called away. Also, we are experimenting with LEAP options (poor man’s covered call)

From covered calls/credit spreads - we are looking to take ~ $2,000 during the month of July.

Goals for June 2022

This is my favorite part of the reports - trying to forecast/set goals for the next year. But before setting a goal for 2022, let's see what I forecasted/said a year ago (June 2020)

We like setting goals, and when setting goals for June 2021 options income, we are looking to take at least $2,000 in options income.

Hmm , didn’t happen this month.

When setting goals for June 2022 options income, we are looking to take at least $3,000 in options income. We hope to get there with more covered calls

Subscriptions

At the end of June, we had

  • 19 email subscribers (+6) for Covered Calls with Reinis Fischer newsletter

  • 29 subscribers (+3) for the YouTube channel