Friday, 31 October 2014

Monthly Review - October 2014



My 3rd post on my monthly review. 

Sunday, 26 October 2014

Options Trades


With the recovered of EBIX price, the premium is high enough for me to sell a covered called on my holding.

New Trade

Saturday, 18 October 2014

Options Trades


With the general market in a bear mood.....my 2 positions are in the RED for the month of Oct. I repaired both trades by rolling over them into Nov trades as I do not want it to be assigned with the stock. 

EBIX
  • buy-to-close EBIX Oct 14 14 PUT @1.03
  • sell-to-open EBIX Nov 14 14 PUT @1.55

EZPW
  • buy-to-close EZPW Oct 14 10 PUT @0.70
  • sell-to-open EZPW Nov 14 10 PUT @1.15
You will be able to see my realised P/L here. Feel free to give your comment.

Sunday, 5 October 2014

Recent Buy

http://www.sgx.com/wps/portal/sgxweb/home/!ut/p/a1/04_Sj9CPykssy0xPLMnMz0vMAfGjzOKNHB1NPAycDSz9wwzMDTxD_Z2Cg8PCDANdjYEKIoEKDHAARwNC-sP1o8BK8JhQkBthkO6oqAgAzDYPQQ!!/dl5/d5/L2dBISEvZ0FBIS9nQSEh/


Few days back in the beginning of Oct, I added SGX into my portfolio(CPF investment account). This will be the 2nd largest holding in my portfolio after OCBC. Bought at S$7.00 per share (excluding fees/commissions).
Based on FY13 dividend payout of  S$0.28(quarterly payout), this purchased will increase my dividend income with an additional of S$280 per year and carry a YOC of 4.0% with payout ratio (TTM) 93.49%. Even though it is expensive with P/E of 23.6, I take the opportunity to buy on it's dip due to not so good financial performance last quarter.

I have confidence in this company going forward and with new direction, it will be a good defensive stock in the long term.

If you are interested, the updated stocks portfolio can be view by clicking on the link below. It is updated once at the end of the month:

Stock Portfolio

Saturday, 4 October 2014

Monthly Review - September 2014


Wednesday, 1 October 2014

Options Trades


Been busy with work on business travel and project deadline for the past 2 weeks. The busy schedule will continue in the month of Oct. It will be short post on my trades.


Sep expiration had just passed. Here is my trades which had expired:-

  • EBIX Sep 14 15 PUT @0.40. Stock was assigned.

Trades remain open:-
  • sell-to-open EZPW Oct 14 10 PUT @0.40. If option expire worthless, ROI will be 3.87% for 55 days of holding.

New Trades:-
  • sell-to-open EBIX Oct 14 14 PUT @0.70. If option expire worthless, ROI will be 4.9% for 25 days of holding.

You will be able to see my realised P/L here. Feel free to give your comment.