VISA Stock (V) 2012 Trades

VISA Stock has been in my portfolio since 2009. Visa Stock symbol is V and it trades on New York. While hindsight shows that perhaps I should have bought shares in August 2009 when they were trading for $66.48 rather than engage in Put Selling, I believe strongly in selling options rather than owning stock. When I buy stock it is almost always for short periods of time. I have been interested in VISA Stock since it went public. Since 2009 I have made $34,200.00 Put Selling against Visa Stock. If I had bought shares I would have bought 1000 at $66.48 and if I had sold them on Dec 30 2011 at $101.53 I would have earned $35050.00. The amounts between Put Selling versus stock ownership are so small that it shows the value of Put Selling versus buying and holding stock. With buying and holding VISA Stock there is no capital gain until the stock is sold. With Put Selling the exact opposite is true. My capital gains are made monthly each time a put trade closes. I am earning my capital gain throughout the trade and never have to decide when to sell my stock and at what price.

Below is the VISA Stock monthly chart since it went public.  The stock began trading March 17 2008 and closed at $64.35. From there the stock fell and continuing falling into the bear market collapse of 20008 to 2009, making an all time low of $41.76 on Jan 19 2009. To learn more select this VISA Stock link to view Visa’s Investor Relations.

Visa Stock 4 Year Chart

4 Year VISA Stock Price Chart

 

VISA Stock (V Stock) Investment Strategy

The investment strategy for VISA Stock is Put Selling at what I believe is fair value. I have little interest in holding the shares for any period of time. If I am assigned shares I will immediately sell covered calls to be exercised out of my shares and then return to Put Selling against VISA Stock.

Review VISA Stock Trades For 2011Review VISA Stock Trades For 2010

Review VISA Stock Trades For 2009

VISA Stock Trades For 2012

Current VISA Stock Status – Year 4

VISA STOCK TRADE STATS:
Capital Currently In Use:
$127526.50
Income Earned in 2012: $21453.00
Total Income Earned Since Trade Started In 2009: $55654.00
Total Of My Own Capital Required If All Naked Puts Were Assigned: $71872.50
Number Of Shares If All Naked Puts Were Assigned: 1000
Share Price Valuation (Total Capital Required/Number of shares): $71.87

 


Date Stock At
Time Of
Trade
Action Taken (All Figures Are US Dollars)
ACTIVE TRADES ARE HIGHLIGHTED
Comm. Shares
Held
Capital
In Use
Gain/Loss Total
Income
Dec 16 2011 96.80 Final VISA Stock Trade for 2011 / SOLD 5 Naked Puts 21JAN12 87.50 for .58 Status: Expired 13.25 43763.25 276.75 33368.25
Dec 28 2011 102.00 SOLD 10 Naked Puts 21JAN12 92.50 for .55   Status: Expired
Comments: To understand this trade read this VISA Stock article which explains the strategy behind this put selling and the importance of using the MACD Histogram
13.25 92519.50 530.50 33,898.75
Dec 28 2011 102.00 BTC 10 Naked Puts 21JAN11 $85 for .14 (159.50) 33739.25
Dec 30 2011 101.65 Sold 7 Naked Puts 18FEB12 $87.50 @ .95  Status: Expired 15.75 61265.75 461.75 34201.00
END OF 2011 TRADES

Jan 20 2012 100.58 Jan Options Expiry: Jan $87.50 puts options expired / Jan $92.50 puts expired
Jan 23 2012 99.10 Sold 10 VISA Stock Naked Puts 18FEB12 $95.00 for $2.19 (status:expired) 19.50 95019.50 2170.50 36371.50
Feb 17 2012 115.01 Feb Options Expiry: Feb $95.00 puts options expired / Feb $87.70 puts options expired
Feb 21 2012 114.00 Sold 10 VISA Stock Naked Puts 17MAR12 $110.00 for $2.20 (status:expired) 19.50 110019.50 2180.50 38552.00
Mar 6 2012 113.70 Sold 5 VISA Stock Naked Puts 21APR12 $110 for $2.85 (status:expired) 13.25 55013.25 1411.75 39963.75
Mar 16 2012 116.68 March Options Expiry: March $110.00 puts options expired
Apr 10 2012 116.70 Sold 5 VISA Stock Naked Puts 19MAY12 $110.00 for $1.75 (status:expired) 13.25 55013.25 861.75 40825.50
May 3 2012 115.50 Sold 5 VISA Stock Naked Puts 16JUN12 $110 for $1.80 (status:expired) 13.25 55013.25 886.75 41712.25
May 18 2012 112.64 May Options Expiry May $110 puts options expired
May 18 2012 112.70 Sold 5 VISA Stock Naked Puts 16JUN12 $110 for $2.95  (status:expired) 13.25 55013.25 1461.75 43174.00
Jun 4 2012 112.20 Sold 5 VISA Stock Naked Puts 21JUL12 $110.00 for $3.90  (status:expired) 13.25 55013.25 1950.00 45124.00
Jun 14 2012 114.40 Sold 5 VISA Stock Naked Puts 18AUG12 $$110.00 for $1.90 (status:BTC for .04) 13.25 55013.25 936.75 46060.75
Jun 15 2012 118.40 June Options Expiry: June $110 puts options expired
Jun 21 2012 119.45 Sold 5 VISA Stock Naked Puts 21JUL12 $115 for $1.15 (status:expired) 13.25 57513.25 561.75 46622.50
Jul 12 2012 119.30 Sold 5 VISA Stock Naked Puts 18AUG12 $115.00 for $1.45 (status:BTC for .05) 13.25 57513.25 711.75 47334.25
July 20 2012 125.75 July Options Expiry: July $110 and July $115 puts options expired
July 25 2012 121.54 Sold 5 VISA Stock Naked Puts 18AUG12 $120 for $3.10 (status:BTC for .10) 13.25 60013.25 1536.75 48871.00
Aug 2 2012 126.39 Sold 5 VISA Stock Naked Puts 22SEP12 $120 for $1.90 (status: closed for .08) 13.25 60013.25 936.75 49807.75
Aug 9 2012 128.25 Sold 2 VISA Stock Naked Puts 22SEP12 $120 for $1.16 (status: closed for .08) 9.50 24013.25 218.75 50026.50
Aug 9 2012 127.90 Sold 3 VISA Stock Naked Puts 22SEP12 $120 for $1.30 (status: closed for .08) 10.75 36013.25 376.75 50403.25
Aug 9 2012 129.70 Bought to close 5 VISA Stock Naked Puts 18AUG12 $110.00 for $0.04 13.25 (33.25) 50370.00
Aug 9 2012 129.70 Bought to close 5 VISA Stock Naked Puts 18AUG12 $120 for $0.10 13.25 (63.25) 50306.75
Aug 9 2012 129.70 Bought to close 5 VISA Stock Naked Puts 18AUG12 $115 for $0.05 13.25 (38.25) 50268.50
Aug 24 2012 126.00 Sold 10 VISA Stock Naked Puts 20OCT12 $120.00 for $1.55 (status: expired)
19.50 120,019.50 1530.50 51799.00
Sep 11 132.00 Bought to close 10 VISA Stock Naked Puts 11SEP $120 for .08Comments: To understand the Visa Stock put selling to this point, read this article which explains with Intel Stock how I am using other people’s money to cover my put selling. 19.50 (99.50) 51699.50
Sep 26 132.80 Sold 10 VISA Stock Naked Puts 17NOV12 $125 for $2.52 (status: BTC for .25)
19.50 125,000.00 2500.50 54200.00
Oct 19 139.97 Oct Options Expiry Visa Stock $120 naked puts expired
Oct 31 139.54 BTC 10 VISA Stock Naked Puts 17NOV12 $125 for .27 19.50 (289.50) 53910.50
Oct 31 137.65 Sold 5 VISA Stock Naked Puts 22DEC12 $130 for $2.29 (status: expired)
13.25 65,013.25 1131.75 55042.25
Oct 31 137.55 Sold 5 VIAS Stock Naked Puts 22DEC12 $125 for $1.25 (status: expired)
13.25 62,513.25 611.75 55654.00
Dec 21 150.77 Dec options expiry: Dec $130 and $125 naked puts expired 55654.00