With the markets recent volatility, some readers have asked that I share an update on my options activity. I continue selling puts against companies I want to own more of and using proceeds to purchase more shares of these companies.
Below are all my trades since July of last year:
| Date | Action | Ticker | Expiration | Strike | Call/Put | Qty | Price | Net | close Price | closeout | Days to Exp | Booked |
| 7/6/2017 | Sell | MO | 1/18/2019 | 90 | Put | 1 | $19.00 | $1,894.55 | 33.2 | -$1,425.45 | 170 | |
| 7/6/2017 | Sell | MO | 9/21/2018 | 75 | Call | 1 | $5.15 | $509.55 | ||||
| 8/11/2017 | BTC | MO | 9/21/2018 | 75 | Call | 1 | -$2.12 | -$217.45 | $292.10 | |||
| 7/6/2017 | Sell | BDX | 1/19/2018 | 210 | Put | 1 | $18.00 | $1,794.55 | ||||
| 12/1/2017 | BTC | BDX | 1/19/2018 | 210 | Put | 1 | -$1.38 | -$143.45 | $1,651.10 | |||
| 7/6/2017 | Sell | MDT | 6/15/2018 | 97.5 | Put | 1 | $11.25 | $1,119.55 | ||||
| 3/23/2018 | Assigned | MDT | 100 | -$97.50 | -$9,755.45 | |||||||
| 3/23/2018 | Sold | MDT | 100 | $78.08 | $7,802.55 | -$833.35 | ||||||
| 3/23/2018 | Sell | MDT | 1/18/2019 | 92.5 | Put | 1 | $15.08 | $1,502.55 | 5.6 | $942.55 | 170 | |
| 7/6/2017 | Sell | JNJ | 6/15/2018 | 150 | Put | 1 | $19.50 | $1,944.55 | ||||
| 5/17/2018 | BTC | JNJ | 6/15/2018 | 150 | Put | 1 | -$25.83 | -$2,588.45 | -$643.90 | |||
| 5/17/2018 | Sell | JNJ | 1/17/2020 | 155 | Put | 1 | $31.77 | $3,171.55 | 26.35 | $536.55 | 534 | |
| 7/20/2017 | Sell | V | 6/15/2018 | 115 | Put | 1 | $17.50 | $1,744.55 | ||||
| 2/20/2018 | BTC | V | 6/15/2018 | 115 | Put | 1 | -$2.89 | -$294.45 | $1,450.10 | |||
| 7/20/2017 | Sell | V | 1/18/2019 | 130 | Put | 1 | $31.75 | $3,169.55 | ||||
| 3/23/2018 | BTC | V | 1/18/2019 | 130 | Put | 1 | -$16.30 | -$1,635.45 | $1,534.10 | |||
| 8/10/2017 | Sell | ESV | 1/18/2019 | 15 | Put | 2 | $10.50 | $2,094.55 | ||||
| 3/3/2017 | Assigned | ESV | 4.55 | -$4.55 | ||||||||
| 8/9/2017 | Sell | Teva | 1/18/2019 | 37.5 | Put | 1 | $19.30 | $1,924.55 | ||||
| 1/18/2018 | BTC | Teva | 1/18/2019 | 37.5 | Put | 1 | -$17.00 | -$1,705.45 | $219.10 | |||
| 8/9/2017 | Sell | Teva | 1/18/2019 | 30 | Put | 1 | $12.20 | $1,214.55 | ||||
| 3/6/2018 | BTC | Teva | 1/18/2019 | 30 | Put | 1 | -$11.00 | -$1,105.45 | $109.10 | |||
| 8/10/2017 | Bought | Teva | 9/1/2017 | 17 | Call | 2 | -$1.28 | -$261.45 | -$261.45 | |||
| 8/10/2017 | Bought | Teva | 9/15/2017 | 17.5 | Call | 5 | -$1.37 | -$690.45 | ||||
| 9/12/2017 | STC | Teva | 9/15/2017 | 17.5 | Call | 5 | $2.29 | $1,139.55 | 2.29 | $449.10 | ||
| 8/8/2017 | Sell | GIS | 1/18/2019 | 67.5 | Put | 1 | $12.30 | $1,224.55 | 25.62 | -$1,337.45 | 170 | |
| 10/19/2017 | Sell | GIS | 1/18/2019 | 67.5 | Put | 1 | $16.90 | $1,684.55 | 25.62 | -$877.45 | 170 | |
| 8/2/2017 | Sell | MO | 9/21/2018 | 80 | Put | 1 | $17.50 | $1,744.55 | ||||
| 7/27/2018 | BTC | MO | 9/21/2018 | 80 | Put | 1 | -$22.87 | -$2,292.45 | -$547.90 | |||
| 7/27/2018 | Sell | MO | 6/21/2019 | 75 | Put | 2 | $18.88 | $3,770.55 | 17.5 | $270.55 | 324 | |
| 9/7/2017 | Sell | MO | 1/18/2019 | 90 | Put | 1 | $28.50 | $2,844.55 | 33.2 | -$475.45 | 170 | |
| 10/17/2017 | Sell | V | 12/20/2019 | 160 | Put | 1 | $52.52 | $5,246.55 | 25 | $2,746.55 | 506 | |
| 10/25/2017 | Sell | T | 9/21/2018 | 40 | Put | 2 | $7.30 | $1,454.55 | ||||
| 6/27/2018 | BTC | T | 9/21/2018 | 40 | Put | 2 | -$8.62 | -$1,729.45 | -$274.90 | |||
| 06/27/18 | Sell | T | 6/21/2019 | 37 | Put | 3 | $6.58 | $1,968.55 | 6 | $168.55 | 324 | |
| 10/26/2017 | Sell | BBL | 6/15/2018 | 35 | Put | 1 | $2.55 | $249.55 | ||||
| 2/28/2018 | BTC | BBL | 6/15/2018 | 35 | Put | 1 | -$0.66 | -$71.45 | $178.10 | |||
| 10/30/2017 | Sell | CVS | 1/19/2018 | 80 | Put | 1 | $11.90 | $1,184.55 | ||||
| 1/8/2018 | BTC | CVS | 1/19/2018 | 80 | Put | 1 | -$2.40 | -$245.45 | $939.10 | |||
| 12/11/2017 | Sell | CVS | 1/18/2019 | 77.5 | Put | 1 | $10.42 | $1,036.55 | 11.1 | -$73.45 | 170 | |
| 1/8/2018 | Sell | CVS | 5/18/2018 | 82.5 | Put | 1 | $7.30 | $724.55 | ||||
| 3/9/2018 | BTC | CVS | 5/18/2018 | 82.5 | Put | 1 | -$14.24 | -$1,429.45 | -$704.90 | |||
| 3/9/2018 | Sell | CVS | 8/17/2018 | 75 | Put | 2 | $8.55 | $1,704.55 | ||||
| 6/4/2018 | BTC | CVS | 8/17/2018 | 75 | Put | 2 | -$11.66 | -$2,337.45 | -$632.90 | |||
| 6/4/2018 | Sell | CVS | 1/18/2019 | 75 | Put | 2 | $12.36 | $2,466.55 | ||||
| 6/18/2018 | BTC | CVS | 1/18/2019 | 75 | Put | 2 | -$9.58 | -$1,921.45 | $545.10 | |||
| 6/18/2018 | Sell | CVS | 1/17/2020 | 75 | Put | 2 | $12.39 | $2,472.55 | 13.55 | -$237.45 | 534 | |
| 10/31/2017 | Sell | OHI | 6/15/2018 | 29 | Put | 1 | $2.50 | $244.55 | ||||
| 12/18/2017 | BTC | OHI | 6/15/2018 | 29 | Put | 1 | -$2.45 | -$250.45 | -$5.90 | |||
| 11/13/2017 | Sell | HBI | 1/18/2019 | 20 | Put | 1 | $3.00 | $294.55 | ||||
| 6/14/2018 | BTC | HBI | 1/18/2019 | 20 | Put | 1 | -$1.65 | -$170.45 | $124.10 | |||
| 11/14/2017 | Sell | WMT | 3/16/2018 | 100 | Put | 1 | $10.85 | $1,079.55 | ||||
| 02/20/18 | BTC | WMT | 3/16/2018 | 100 | Put | 1 | -$5.97 | -$602.45 | $477.10 | |||
| 12/01/17 | Sell | BDX | 3/16/2018 | 230 | Put | 1 | $10.93 | $1,087.55 | ||||
| 01/30/18 | BTC | BDX | 3/16/2018 | 230 | Put | 1 | -$3.00 | -$305.45 | $782.10 | |||
| 12/01/17 | Sell | Teva | 1/18/2019 | 32.5 | Put | 3 | $17.20 | $5,154.55 | ||||
| 3/6/18 | BTC | Teva | 1/18/2019 | 32.5 | Put | 3 | -$12.33 | -$3,704.45 | $1,450.10 | |||
| 12/11/17 | Sell | RDSB | 7/20/2018 | 60 | Call | 1 | $6.34 | $628.55 | ||||
| 3/14/18 | BTC | RDSB | 7/20/2018 | 60 | Call | 1 | -$4.73 | -$478.45 | $150.10 | |||
| 12/15/17 | Sell | PG | 9/21/2018 | 92.5 | Put | 1 | $5.20 | $514.55 | ||||
| 6/18/18 | BTC | PG | 9/21/2018 | 92.5 | Put | 1 | -$17.25 | -$1,730.45 | -$1,215.90 | |||
| 6/18/18 | Sell | PG | 6/21/2019 | 90 | Put | 2 | $15.40 | $3,074.55 | 10.85 | $904.55 | 324 | |
| 12/15/17 | Sell | GE | 9/21/2018 | 18 | Put | 3 | $1.64 | $486.55 | ||||
| 6/19/18 | BTC | GE | 9/21/2018 | 18 | Put | 3 | -$5.04 | -$1,517.45 | -$1,030.90 | |||
| 12/15/17 | Sell | CHD | 7/20/2018 | 50 | Call | 1 | $2.78 | $272.55 | ||||
| 2/14/18 | BTC | CHD | 7/20/2018 | 50 | Call | 1 | -$2.45 | -$250.45 | $22.10 | |||
| 12/28/17 | Sell | SO | 8/17/2018 | 48 | Put | 1 | $2.75 | $269.55 | ||||
| 06/01/18 | BTC | SO | 8/17/2018 | 48 | Put | 1 | -$3.98 | -$403.45 | -$133.90 | |||
| 06/01/18 | Sell | SO | 1/18/2019 | 48 | Put | 1 | $4.62 | $456.55 | 2.34 | $222.55 | 170 | |
| 12/28/17 | Sell | SO | 1/18/2019 | 50 | Put | 1 | $4.75 | $469.55 | ||||
| 03/23/18 | BTC | SO | 1/18/2019 | 50 | Put | 1 | -$7.65 | -$770.45 | -$300.90 | |||
| 01/08/18 | Sell | WSM | 8/17/2018 | 57.5 | Put | 1 | $7.70 | $764.55 | ||||
| 03/15/18 | BTC | WSM | 8/17/2018 | 57.5 | Put | 1 | -$6.10 | -$615.45 | $149.10 | |||
| 01/18/18 | Sell | BGS | 8/17/2018 | 30 | Put | 1 | $2.50 | $244.55 | ||||
| 5/8/18 | BTC | BGS | 8/17/2018 | 30 | Put | 1 | -$5.32 | -$537.45 | -$292.90 | |||
| 5/8/18 | Sell | BGS | 11/16/2018 | 30 | Put | 1 | $6.11 | $605.55 | ||||
| 6/14/18 | BTC | BGS | 11/16/2018 | 30 | Put | 1 | -$3.30 | -$335.45 | $270.10 | |||
| 1/18/18 | Sell | BGS | 8/17/2018 | 35 | Call | 1 | $1.82 | $176.55 | ||||
| 2/14 | BTC | BGS | 8/17/2018 | 35 | Call | 1 | -$1.60 | -$165.45 | $11.10 | |||
| 1/19 | Sell | IBM | 9/21/2018 | 170 | Put | 1 | $15.65 | $1,559.55 | ||||
| 5/31/18 | BTC | IBM | 9/21/2018 | 170 | Put | 1 | -$29.07 | -$2,912.45 | -$1,352.90 | |||
| 5/31/18 | Sell | IBM | 1/17/2020 | 165 | Put | 1 | $30.27 | $3,021.55 | 26.45 | $376.55 | 534 | |
| 1/23/18 | Sell | OHI | 1/18/2019 | 30 | Call | 5 | $0.70 | $344.55 | 1.3 | -$305.45 | 170 | |
| 01/23/18 | Sell | T | 1/18/2019 | 40 | Call | 2 | $1.50 | $294.55 | ||||
| 02/28/18 | BTC | T | 1/18/2019 | 40 | Call | 2 | -$1.33 | -$271.45 | $23.10 | |||
| 02/01/18 | Sell | OMI | 9/21/2018 | 17.5 | Put | 5 | $2.20 | $1,094.55 | ||||
| 05/24/18 | Sell | OMI | 9/21/2018 | 17.5 | Put | 5 | -$2.21 | -$1,110.45 | -$15.90 | |||
| 02/13/18 | Sell | IBM | 9/21/2018 | 150 | Put | 1 | $10.26 | $1,020.55 | ||||
| 03/20/18 | BTC | IBM | 9/21/2018 | 150 | Put | 1 | -$7.30 | -$735.45 | $285.10 | |||
| 02/14/18 | Sell | OHI | 1/18/2019 | 25 | Put | 4 | $2.75 | $1,094.55 | ||||
| 05/08/18 | BTC | OHI | 1/18/2019 | 25 | Put | 4 | -$1.50 | -$605.45 | $489.10 | |||
| 02/16/18 | Sell | MO | 1/18/2019 | 85 | Put | 1 | $20.66 | $2,060.55 | ||||
| 07/06/18 | BTC | MO | 1/18/2019 | 85 | Put | 1 | -$27.26 | -$2,731.45 | -$670.90 | |||
| 07/06/18 | Sell | MO | 6/21/2019 | 75 | Put | 2 | $18.40 | $3,674.55 | 17.5 | $174.55 | 324 | |
| 02/20/18 | Sell | SLB | 9/21/2018 | 72.5 | Put | 1 | $9.09 | $903.55 | ||||
| 03/14/18 | BTC | SLB | 9/21/2018 | 72.5 | Put | 1 | -$7.90 | -$795.45 | $108.10 | |||
| 02/20/18 | Sell | CVS | 8/17/2018 | 80 | Put | 1 | $10.57 | $1,051.55 | ||||
| 06/14/18 | BTC | CVS | 8/17/2018 | 80 | Put | 1 | -$16.26 | -$1,631.45 | -$579.90 | |||
| 06/14/18 | Sell | CVS | 1/17/2020 | 80 | Put | 1 | $18.29 | $1,823.55 | 16.9 | $133.55 | 534 | |
| 03/05/18 | Sell | HSY | 8/17/2018 | 105 | Put | 1 | $8.42 | $836.55 | ||||
| 06/01/18 | Assigned | HSY | 100 | -$105.00 | -$10,505.45 | |||||||
| 06/01/18 | Sold | HSY | 100 | $89.50 | $8,944.55 | -$724.35 | ||||||
| 03/05/18 | Sell | ESV | 1/18/2019 | 10 | Put | 2 | $5.40 | $1,074.55 | ||||
| 03/14/18 | BTC | ESV | 1/18/2019 | 10 | Put | 2 | -$5.29 | -$1,063.45 | $11.10 | |||
| 03/06/18 | Sell | V | 1/17/2020 | 165 | Put | 1 | $43.00 | $4,294.55 | 28.3 | $1,464.55 | 534 | |
| 03/07/18 | Sell | XOM | 6/21/2019 | 80 | Put | 1 | $10.96 | $1,090.55 | ||||
| 05/18/18 | Sell | XOM | 6/21/2019 | 80 | Put | 1 | -$5.95 | -$600.45 | $490.10 | |||
| 03/08/18 | Sell | MO | 1/18/2019 | 75 | Put | 1 | $12.84 | $1,278.55 | 17.2 | -$441.45 | 170 | |
| 03/14/18 | Sell | PG | 10/19/2018 | 95 | Put | 1 | $16.38 | $1,632.55 | 15.38 | $94.55 | 79 | |
| 03/15/18 | Sell | KHC | 1/18/2019 | 70 | Put | 1 | $7.70 | $764.55 | 10.7 | -$305.45 | 170 | |
| 03/23/18 | Sell | MO | 1/18/2019 | 70 | Put | 1 | $12.02 | $1,196.55 | 12.55 | -$58.45 | 170 | |
| 03/23/18 | Sell | DIS | 1/17/2020 | 120 | Put | 1 | $22.62 | $2,256.55 | 12.9 | $966.55 | 534 | |
| 03/29/18 | Sell | WBA | 1/17/2020 | 80 | Put | 1 | $15.05 | $1,499.55 | 18.3 | -$330.45 | 534 | |
| 04/19/18 | Sell | PM | 1/18/2019 | 100 | Put | 1 | $14.78 | $1,472.55 | 15.05 | -$32.45 | 170 | |
| 04/19/18 | Sell | MO | 1/17/2020 | 75 | Put | 1 | $18.81 | $1,875.55 | 18.81 | -$5.45 | 534 | |
| 04/19/18 | Sell | HBI | 1/17/2020 | 20 | Put | 3 | $4.30 | $1,284.55 | 2.36 | $576.55 | 534 | |
| 04/25/18 | Sell | KO | 1/18/2019 | 42 | Put | 2 | $2.31 | $456.55 | 0.52 | $352.55 | 170 | |
| 04/30/18 | Sell | T | 10/19/2018 | 33 | Put | 1 | $2.06 | $200.55 | 1.7 | $30.55 | 79 | |
| 05/03/18 | Sell | HSY | 11/16/2018 | 100 | Put | 1 | $11.68 | $1,162.55 | 5.35 | $627.55 | 107 | |
| 05/07/18 | Sell | V | 6/21/2019 | 145 | Put | 1 | $19.30 | $1,924.55 | 14.35 | $489.55 | 324 | |
| 06/01/18 | Sell | V | 6/21/2019 | 145 | Put | 1 | $16.49 | $1,643.55 | 14.35 | $208.55 | 324 | |
| 06/19/18 | Sell | V | 6/21/2019 | 145 | Put | 1 | $15.20 | $1,514.55 | 14.35 | $79.55 | 324 | |
| 05/07/18 | Sell | MO | 6/21/2019 | 70 | Put | 1 | $16.55 | $1,649.55 | 14.25 | $224.55 | 324 | |
| 05/08/18 | Sell | GIS | 1/18/2019 | 67.5 | Put | 1 | $25.62 | $2,556.55 | 25.62 | -$5.45 | 170 | |
| 05/08/18 | Sell | CVS | 1/17/2020 | 75 | Put | 1 | $15.65 | $1,559.55 | 13.55 | $204.55 | 534 | |
| 05/14/18 | Sell | RDSB | 1/18/2019 | 75 | Call | 1 | $4.00 | $394.55 | ||||
| 06/15/18 | BTC | RDSB | 1/18/2019 | 75 | Call | 1 | -$1.85 | -$190.45 | $204.10 | |||
| 07/11/18 | Sell | RDSB | 1/18/2019 | 77.5 | Put | 1 | $2.05 | $199.55 | 0.8 | $119.55 | 170 | |
| 05/22/18 | Sell | PG | 6/21/2019 | 82.5 | Put | 1 | $10.30 | $1,024.55 | 6.1 | $414.55 | 324 | |
| 05/29/18 | Sell | T | 6/21/2019 | 35 | Put | 2 | $4.92 | $978.55 | 4.5 | $78.55 | 324 | |
| 06/15/18 | Sell | KIM | 7/20/2018 | 15 | Call | 2 | $1.59 | $312.55 | ||||
| 06/25/18 | BTC | KIM | 7/20/2018 | 15 | Call | 2 | -$2.73 | -$551.45 | -$238.90 | |||
| 06/25/18 | Sell | KIM | 1/18/2019 | 15 | Call | 2 | $2.78 | $550.55 | 1.95 | $160.55 | 170 | |
| 10/25/17 | Sell | T | 9/21/2018 | 40 | Put | 2 | $7.30 | $1,454.55 | ||||
| 06/27/18 | BTC | T | 9/21/2018 | 40 | Put | 2 | -$8.62 | -$1,729.45 | -$274.90 | |||
| 06/14/18 | Sell | ABBV | 6/21/2019 | 110 | Put | 1 | $18.09 | $1,803.55 | 19.05 | -$101.45 | 324 | |
| 06/28/18 | Sell | CAH | 1/18/2019 | 50 | Put | 1 | $4.70 | $464.55 | 4.5 | $14.55 | 170 | |
| 07/26/18 | Sell | MO | 1/17/2020 | 75 | Put | 1 | $20.30 | $2,024.55 | 18.75 | $149.55 | 534 | |
| TOTALS | $80,252.35 | $6,720.65 | $1,671.60 |
Income/Profits:
The last update on trades had generated $70,212 in revenues. I’m approved for “naked” options trading meaning I can sell puts on companies I don’t own and without having the cash to purchase said security. My collateral is owning shares of companies as equity to cover. This update shows I’ve now generated $80,252 in revenues. Most of this money has already been used to purchase more dividend paying stocks. The closeout column is what each call/put will cost to close out today. Basically if I close out every single open position I’d gain $6,720.65. This compares to my last options update of a loss of $2,640. This is an unrealized gain/loss.
I’ve already booked profits of $1,671.60, down from $4,782.50 on closed trades. The reason this is down is because I “rolled” forward several more options position. What this means is I had an expiration date getting close and the option was still in the money so I bought back the previous option I sold and sold a new option with a longer dated expiration. I plan to keep all my winning puts going and roll forward any losing puts to offset some of my capital gains this year. You’ll see me do this with several MO puts later in the year that are in the red.
My net profits if I closed out all trades today would be $1,671.60 + $6,720.65 = $8,392.25 up from $2,142.50 in the last update.
Note: These profits won’t include dividends or capital gains which I do receive from investing in other dividend paying stocks with the revenue.
Recent Trades:
I rolled forward my Sept 21 ’18 MO $80 put by buying it back for $2287 and simultaneously selling 2 June 21 ’19 $75 MO puts for $1888 each.
Revenue of $1489.
I sold 1 Jan 17 ’20 $75 MO Put for $2030.
Revenue of $2030.
I sold 1 Jan 18 ’19 $77.50 RDSB Call for $205
Revenue of $205.
I rolled forward my Jan 18 ’19 MO $85 put by buying it back for $2726 and simultaneously selling 2 June 21 ’19 MO puts for $1814 each.
Revenue of $902.
I sold 1 Jan 18 ’19 $50 CAH Put for $478
Revenue of $478
What to do if a trade isn’t working out:
So what happens in the case that one of these companies is lower near expiration (in the money)? Well, I have a few options.
a. I can do nothing and I’ll be required to purchase 100 shares of said security at the strike price. It’s sort of like I’m buying the company right now at a discount.
b. I can decide to purchase back the put for more money at a loss of approximately (strike – current share value) x 100.
c. Third option is to “roll” the put forward. What this means is that I simultaneously purchase the put back and sell another longer dated put so that I haven’t lost any money.
Any profits will go directly into purchasing more shares of solid dividend-paying companies.
Example of a Roll Forward:
On 03/09/18 I sold 2 08/17/18 dated $75 Strike CVS Puts for $8.55 each, creating net revenue of $1,704.55.
On 06/04/18 I decided to buy back that same Put for $11.66 each, costing me $2,337.45 for a total net loss of $632.90.
I simultaneously sold a new Put on 06/04/18 for CVS with a $75 Strike expiring on 01/18/19 for $12.36 each, creating net revenues of $2,466.55. So I show a realized loss of $632.90 but I’ve generated revenues of $2,466.55-$632.90 = $1833.65. Notice this is more total revenue than the original trade. I was basically paid $.70 ($12.36-$11.66) x 200 (keep in mind each put/call is 100 shares) = $140 to push out the expiration date. I hope that makes sense.
Looking ahead
I’ve slowed down the pace but still been very active with options, I currently have open around 40 options positions.
Consumer goods companies have started to come back which has helped some of my options. The markets are on a tear so I’ll continue with my strategy as it keeps working out. I’ve received a LOT of revenue that I’ve already put to work in the market in the meantime.
This is just another avenue I’m using to earn additional profits so that I can get this dividend snowball moving faster. I just broke the $12,000 forward dividends goal around March and I recently broke the $16,000 level in forward dividends. The extra options income is certainly helping speed up the process. My forward dividends are currently $16,236. Just for reference, my forward income was $12,015 on 02/27/18. I’ve already surpassed my goal for the year so I’m now shooting for $18,000 in forward dividends by year’s end. I’ll need to put to work $47,040 at a 3.75% yield to do this not including any dividend raises.
Best long ideas currently are V, SQ, PYPL, BRK.B, MO, PM, CVS, DEO, DIS, FOXA, MDT, SBUX to name a few. I’ll be adding more to these companies throughout the year at these prices.