Mr Gic..

[selkirk]

Portfolio
Saxon small cap $5000 invested at $17.237 to buy 290.073 units.
XIU I 60s 300 shares PP $42.50 Avg P $40.33 divs $102.30
Summit Reit (smu.un) 500 shares (purchase price $14.98/yield 10%) divs= $701.25
Manulife Financial 300 shares ($45.95) divs= $192

MFC $40 April 300 calls .60/.80 300X.60 = $180

TD 400 shares $224 divs,

TD 400 calls $37.50 April $140 credit

500 BFI Canada Income Fund BFC.un$10.97
divs= $450

600 shares of CAE PP $7 avg.cost $6.05 CP $5.23 divs= $18

CAE $5 April 600 calls .20/.30 600X.20= $120

Encana $45 puts 2 contracts April $1.50/$1.60 200 X $1.50 = $300

CP 4 $27.50 Oct Puts $1.70/$1.80 400X1.70 = $720

cash = -$3991.95

updated dividends from Jan-March which equaled $576.55 and wrote a CP $27.50 Oct puts, 4 contracts for credit of $720.

next update for dividends will be end of June, except for the trust will update the divs paid monthly in April when this portfolio will be one year old. Will update the value of the portfolio in April.

thanks
selkirk

 

[selkirk]

Mr Gic..

Portfolio
Saxon small cap $5000 invested at $17.237 to buy 290.073 units.

XIU I 60s 300 shares PP $42.50 Avg P $40.33 divs $102.30

Summit Reit (smu.un) 500 shares (purchase price $14.98/yield 10%) divs=$701.25

Manulife Financial 300 shares ($45.95) divs= $191 MFC $40 April 300 calls .60/.80 300X.60 = $180

TD 400 shares $224 divs,

TD 400 calls $37.50 April $140 credit
500 BFI Canada Income Fund BFC.un$10.97
divs= $450

CAE $5 April 600 calls .20/.30 600X.20= $120

Encana $45 puts 2 contracts April $1.50/$1.60 200 X $1.50 = $300

CP 4 $27.50 Oct Puts $1.70/$1.80 400X1.70 = $720
cash = -$2167.95

sold CAE and took a loss (sold for $3.04), actually killed this position a while ago but will take the most recent price, has fallen very quickly. Commercial contracts to the airplane industry will not rebound and military contracts will probably not meet expectations. they will also have to raise cash, very dilutive to shares at this price. still like it better than Bombardier but when stock hit multi year lows I get out. money has been put to cash. rest of the portfolio has done well (holding up much better).

thanks
selkirk

 

[Kade]

Ya'll sound like some smart dudes.

Good luck.

 

[selkirk]

thanks Kade, not very smart but hope to learn from my mistakes, which I make plenty of....

BFI income trust (BFC.un) hit a new high last week of $12.42, would have liked to sell it above $12.30 (to late to update for this portfolio). Like the trust but that is a good price, so will sell at $12.30 if it hits again. Currently at $11.80.

thanks
selkirk

 

[selkirk]

Mr Gic..

Portfolio
Saxon small cap $5000 invested at $17.237 to buy 304.536 units.

XIU I 60s 300 shares PP $42.50 Avg P $40.33 divs $102.30

Summit Reit (smu.un) 500 shares (purchase price $14.98/yield 10%) divs=$701.25

Manulife Financial 300 shares ($45.95) divs= $191 MFC $40 April 300 calls .60/.80 300X.60 = $180

MFC July $40 calls 3 contracts .75/.85 $225 credit

TD 400 shares $224 divs,

TD 400 calls $37.50 April $140 credit
500 BFI Canada Income Fund BFC.un$10.97
divs= $450

CAE $5 April 600 calls .20/.30 600X.20= $120

Encana $45 puts 2 contracts April $1.50/$1.60 200 X $1.50 = $300

CP 4 $27.50 Oct Puts $1.70/$1.80 400X1.70 = $720
cash = -$1942.95

wrote $40 July MFC 3 contracts calls for $225 credit, next week the April calls will expire worthless. would do update next week but may not have the time.

Saxon small cap paid a dividend of .7011 in December of 2002 and it was reinvested at $14.061, so now have 304.536 units.


will write XIU and TD calls at the end of the month, and will also do an update of the overall value of the portfolio at the end of April.

thanks
selkirk

 

[selkirk]

Mr Gic..

Portfolio
Saxon small cap $5000 invested at $17.237 to buy 304.536 units.

XIU I 60s 300 shares PP $42.50 Avg P $40.33 divs $102.30

Summit Reit (smu.un) 500 shares (purchase price $14.98/yield 10%) divs=$701.25

Manulife Financial 300 shares ($45.95) divs= $191 MFC $40 April 300 calls .60/.80 300X.60 = $180

MFC July $40 calls 3 contracts .75/.85 $225 credit

TD 400 shares $224 divs,

500 BFI Canada Income Fund BFC.un$10.97
divs= $450

Encana $45 P July (.60/.75) 2 contracts X .60 = $120 credit

CP 4 $27.50 Oct Puts $1.70/$1.80 400X1.70 = $720
cash = -$1822.95

CAE April $5 calls, TD $37.50 April calls, and Encana Puts April $45 all expired worthless.

write two Encana ECA puts July $45 for credit of $120. As always took the worse price
for record purposes. (.60/.75)

will update portfolio value in the next 2 weeks, also write TD calls.

thanks
selkirk

 

[selkirk]

Mr Gic..

Portfolio
Saxon small cap $5000 invested at $17.237 to buy 304.536 units.

XIU I 60s 300 shares PP $42.50 Avg P $40.33 divs $102.30

XIU I 60s calls 3 contracts Sept. $41 (.30/.45) $90 credit

Summit Reit (smu.un) 500 shares (purchase price $14.98/yield 10%) divs=$701.25


Manulife Financial 300 shares ($45.95) divs= $191 MFC $40 April 300 calls .60/.80
300X.60 = $180

MFC July $40 calls 3 contracts .75/.85 $225 credit

TD 400 shares $224 divs,

500 BFI Canada Income Fund BFC.un$10.97
divs= $450

Encana $45 P July (.60/.75) 2 contracts X .60 = $120 credit

CP 4 $27.50 Oct Puts $1.70/$1.80 400X1.70 = $720

cash = -$1732.95

wrote 3 contracts, calls XIU Sept. $41 (.30/.45) took the worse price as always .30X3 contracts. for credit of $90, which went to cash.

will write TD calls but there is very little worth writing.

within a week or two will have the portfolio value at the end of April.

thanks
selkirk





thanks
selkirk

 

[selkirk]

Mr Gic..
Portfolio
Saxon small cap $5000 invested at $17.237 to buy 304.536 units.

XIU I 60s 300 shares PP $42.50 Avg P $40.33 divs $102.30

XIU I 60s calls 3 contracts Sept. $41 (.30/.45) $90 credit

Summit Reit (smu.un) 500 shares (purchase price $14.98/yield 10%) divs=$701.25


Manulife Financial 300 shares ($45.95) divs= $191 MFC $40 April 300 calls .60/.80
300X.60 = $180

MFC July $40 calls 3 contracts .75/.85 $225 credit

TD 400 shares $224 divs,

500 BFI Canada Income Fund BFC.un$10.97
divs= $450

Encana $45 P July (.60/.75) 2 contracts X .60 = $120 credit

CP 4 $27.50 Oct Puts $1.70/$1.80 400X1.70 = $720

CGI (GIB.a-TSX) 8 contracts $7P August (.45/.50) credit $360

cash = -$1372.92

have written some options on GIB.a in the past few weeks, so will include one in the portfolio. Stock trades on Toronto and was in the predictions thread, trading less than 12X earnings, should be able to make a profit playing the options.


thanks
selkirk