The purpose of this blog is to track 20 common stocks for a full year. The idea is to beat the S & P 500 like a mutual fund without the very high churn rate. These stocks will be held in a portfolio until next December 31.

Sunday, May 20, 2012

June Option updates

May Options have expired.
None of our holdings were called.
We bought KKR and LUK and both are down from their purchase price.

For June, We sold CC options for 6 of our 11 holdings for a total value of $31,634.
We still have $4.5 million in cash.
We have banked $663,244 cash from the sale of options and stocks being called.
Our CC portfolio is down $159,000 in value.
Our account is at 5.04% combined.

The S and P 500 is as 2.99%
our main buy list is at 2.23%.

May is a portfolio killer.  I do not see the general market improving until after the election in November.

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