Please find below the activity in the last month:
- Bought Exelon (EXC) on 12/30/2009 at $49.35. Exelon is one of the largest electric utilities in the country with heavy exposure to nuclear energy.
- Ameritrade (AMTD) position was called away following the January options expiry as the stock closed well above the strike price of $17.50.
- The Jan 60 Covered Call options on Costco (COST) shares expired worthless as the stock closed below the strike price of $60.
Our cash position is around 12%. Below is our updated portfolio – it is about 1.4% in the red:
Stock | Buy Date | Buy Price | Current Price | Current % Of Portfolio | Unrealized % Return | Yield as % of Portfolio Value |
Altria (MO) | Various | 16.69 | 20.33 | 3.05 | 21.84 | 0.38 |
Philip Morris International (PM) | 1/4/2005 | 32.19 | 49.24 | 6.10 | 52.95 | 0.45 |
Kraft Foods (KFT) | Various | 24.03 | 28.78 | 2.88 | 19.75 | 0.23 |
Pfizer (PFE) | Various | 24.37 | 19.94 | 4.99 | (18.17) | 0.30 |
ICICI Bank (IBN) | 5/18/2006 and 08/01/2008 | 25.28 | 37.60 | 9.41 | 48.76 | 0.30 |
Advantage Energy Fund (AAV) | 11/2/2006 | 11.22 | 6.77 | 1.69 | (39.68) | 0.17 |
Central Europe & Russia Fund (CEE) | Various | 39.23 | 36.29 | 6.36 | (7.48) | 0.03 |
Itron Inc. (ITRI) | 11/07/2007 | 85.01 | 71.61 | 3.58 | (15.86) | None |
Anthracite (ACPI – formerly AHR) | 11/09/2007 | 7.97 | 0.19 | 0.05 | (97.62) | 0.00 |
iRobot (IRBT) | 12/18/2007 | 18.65 | 17.95 | 3.59 | (2.93) | None |
LDK Solar (LDK) | 01/22/2008 | 30.49 | 7.22 | 1.08 | (76.32) | None |
Aegon N.V. (AEG) | 04/28/2008 | 15.99 | 6.56 | 0.98 | (58.97) | 0.00 |
Costco (COST) Call Value | 08/01/2008 | 62.28 | 58.27 | 2.92 | (6.44) | 0.07 |
Frontline Limited (FRO) | 10/06/2008 | 36.95 | 31.56 | 2.37 | (14.58) | 0.17 |
DryShips Incorporated (DRYS) | 02/09/2009 | 6.96 | 6.12 | 2.14 | (12.12) | 0.00 |
Plum Creek Timber (PCL) | 07/23/2009 | 30.50 | 38.01 | 7.61 | 24.63 | 0.46 |
CPFL Energia S.A. (CPL) | 07/28/2009 | 50.45 | 62.39 | 6.24 | 23.67 | 0.55 |
BP plc (BP) | 08/05/2009 | 51.49 | 61.06 | 6.11 | 18.59 | 0.45 |
AT&T (T) | 08/27/2009 | 26.38 | 25.83 | 5.17 | (2.10) | 0.39 |
Sysco Corporation (SYY) | 10/13/2009 | 25.23 | 28.43 | 5.69 | 12.66 | 0.39 |
Exelon (EXC) | 12/30/2009 | 49.38 | 48.45 | 9.00 | (1.89) | 0.39 |
Cash |
|
|
| 11.86 |
|
|
Total Portfolio |
|
|
|
| (1.40) | 3.81 |
- For ICICI Bank (IBN), we wrote March 10, 40 Covered Calls on them at $5.90 on 10/06/2009 against 40% of our shares
Below is a summary of transactions during the year:
Stock | Buy Date | Buy Price | Sell Date | Sell Price | % Gain (Loss) | % Portfolio Return* |
Ameritrade (AMTD) | 5/21/2008 | 17.69 | 01/19/2010 | 17.45 | (1.33) | (0.05) |
AMTD Jan 17.5 Covered Calls (TQAAW) | 1/19/2010 | NA | 9/10/2009 | NA | NA | 0.57 |
COST Jan 60 Covered Calls (PRQAL) | 1/19/2010 | NA | 9/10/2009 | NA | NA | 0.14 |
Realized Gain/(Loss) YTD | - | - | - | - | - | 0.66 |
- % Gain/Loss Relative to Portfolio Value at Beginning of Year + Deposits
- The table assumes realization of profits associated with selling options only after the option is exercised or expiry.
We also did a minor adjustment to our watch list by adding Telefonica SA (TEF). The updated list follow – Archer Daniels Midland (ADM), Automatic Data Processing (ADP), Boeing (BA), Becton Dickinson (BCK), BHP Billiton (BHP), Cardinal Health (CAH), Cresud (CRESY), Eaton (ETN), Emerson Electric (EMR), AgFeed (FEED), Glaxo (GSK), Home Depot (HD), Intel (INTC), Nokia (NOK), China Nepstar (NPD), Nutrisystem (NTRI), Nucor Steel (NUE), Qiagen (QGEN), Telefonica (TEF), UPS (UPS), and Waste Management (WM).
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