Marc Detesan's Investing Blog
Marc Detesan YTD Performance Dividends earned for the month were $260.10 Dividend Project = – 2.5% S&P500 = – 5.1% For more details, head over to my investment portfolio page. A tough start to 2016 The markets are extremely weak with negative momentum building by the day. With such a weak start to 2016, it’s easy for … Read more
A bit delayed on this post but on Jan 22 I bought 5 call options on IWM with a $110 strike / Sept 26, 2016 expiry, you can view all the info on my trade alerts page. The market has been pretty oversold lately and this trade is simply just a short term bet that … Read more
A look at 2015 While 1 year in the stock market is a long time, 2015 did not carry the same upward momentum as the previous years… talking about the S&P500 Index specifically (a broad market indicator). While individual stocks may have performed incredibly, the 1st half of the year for the S&P500 was rather … Read more
I purchased 2 UA put options to hedge my $80 / 2018 call option. With UA’s earnings release coming up and the recent hit the stock price has been taking, I don’t want to be caught without protection should the stock continue to fall further. The put options expire Jul 15, 2016 / $50 strike. … Read more
I sold my 2 SPY put options today. This trade closes out my Dec 18 trade alert (Bought SPY put options). I bought 2 options at $3.20 US / contract or $906.96 CAD. I sold at $4.95 US / contract or $1,391.86 CAD. The trade is my 1st profit for 2016 which I desperately needed! 🙂 … Read more
On Dec 21 I posted my purchase of shares in SDLP – the drop-down subsidiary of offshore driller Seadrill. The chart below clearly shows I sold at a loss… but did I have the opportunity to take a profit? Sure… it was not a bad profit either, but did I? No. My greed wanted more. With … Read more
I bought 800 shares of SDLP at $3.39 US / share. I’ve been invested in SDLP once before and never questioned the strength of the business and the strong dividend, but recent weeks and months in the market had a different plan for the stock. The only reason I sold my previous position was because of … Read more
I have decided to add put options to my portfolio for some protection. The price movement over the past week has me thinking there is a probability we are heading lower. The week of Nov 2nd was a test of the 2015 year highs, and a failed attempt to break higher. The following weeks were a … Read more
Dividends earned in October 2015 = $260.10 * (Total dividends YTD = $2,988.94) * Total dividends were a combination of $255 (regular distribution) + $5.10 (interest) YTD Performance Dividend Project Investment Portfolio = + 21.91 % S&P 500 Index = + 0.99 % I use S&P 500’s closing values right from the source… Standard and Poor’s website. … Read more
Dividends earned in September 2015 = $260.10 * (Total dividends YTD = $2,728.84) * Total dividends were a combination of: Dividend Fund $255 regular distribution + $5.10 interest YTD Performance Dividend Project Investment Portfolio = + 16.15 % S&P 500 Index = – 6.74 % I use S&P 500’s closing values right from the source… Standard and Poor’s … Read more