My trading history in SWKS - stock and options

Just in case some of you are interested, these are all my transactions related to Skyworks so far. A notation like “160506 P 65.50” means a call with a strike price of $65.50 per share that expires on 5/6/16. All the calls were covered by stock I held. There were a few occasions where I bought back an option, one time for a loss to prevent a call from being exercised at a very low price.

3/23 BUY 30 $ -2,295.40
5/03 SELL 3 170.00 160506 P 65.50
5/06 BUY 300 -19,660.00
5/09 SELL 2 101.00 160513 C 66.00
5/11 SELL 1 57.00 160520 C 66.50
5/16 SELL 2 91.00 160527 C 65.00
5/26 SELL 3 110.00 160527 P 66.00
5/27 SELL 200 12,990.72
5/31 SELL 2 131.00 160603 P 66.50
5/31 SELL 1 62.00 160610 C 68.50
6/02 DIV 85.80
6/10 BUY 300 -19,810.00
6/10 SELL 3 50.00 160610 P 66.00
6/21 SELL 2 131.00 160624 C 67.00
7/07 SELL 2 51.00 160708 C 61.50
7/08 BUY 2 -299.00 160708 C 61.50
7/12 SELL 2 300.99 160722 C 68.50
7/15 SELL 2 370.00 160722 C 69.00
7/19 SELL 2 390.99 160722 P 67.00
7/22 BUY 200 -13,409.00
7/28 SELL 4 568.00 160729 C 67.00
7/28 BUY 3 -100.00 160729 C 67.00
8/01 SELL 4 236.99 160812 C 68.00

$176.40 div to be paid 8/25

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I need to correct the explanation I gave at the beginning of the first post - “160506 P 65.50” is a put option, not a call option. The call option would be noted with a “C” instead of a “P”.

It was a lot easier to read when I was entering the transactions, since for entry you see a monospaced font, so that all characters are the same width.

One of the main things to note is how many options I sold that were never exercised. Another thing is that options on this stock cost a fair amount, even when the expiration date is soon. I’ve even sold options a day or two before expiration.

I don’t necessarily recommend this sort of trading to anyone else, but since a lot of you are holding SWKS, and I’ve had quite a few transactions, I thought I would show them.

Motley Fool Options has a free example where they demonstrate selling call options on Gamestop (GME).

Put < pre > and < /pre > around the text you want monospaced, without the spaces.

Thank you. I know a little HTML, but I didn’t know that tag. If only I could edit my previous post. When I have a little more time, I’ll repost it below.


3/23 BUY 30 $ -2,295.40
5/03 SELL 3 170.00 160506 P 65.50
5/06 BUY 300 -19,660.00
5/09 SELL 2 101.00 160513 C 66.00
5/11 SELL 1 57.00 160520 C 66.50
5/16 SELL 2 91.00 160527 C 65.00
5/26 SELL 3 110.00 160527 P 66.00
5/27 SELL 200 12,990.72
5/31 SELL 2 131.00 160603 P 66.50
5/31 SELL 1 62.00 160610 C 68.50
6/02 DIV 85.80
6/10 BUY 300 -19,810.00
6/10 SELL 3 50.00 160610 P 66.00
6/21 SELL 2 131.00 160624 C 67.00
7/07 SELL 2 51.00 160708 C 61.50
7/08 BUY 2 -299.00 160708 C 61.50
7/12 SELL 2 300.99 160722 C 68.50
7/15 SELL 2 370.00 160722 C 69.00
7/19 SELL 2 390.99 160722 P 67.00
7/22 BUY 200 -13,409.00
7/28 SELL 4 568.00 160729 C 67.00
7/28 BUY 3 -100.00 160729 C 67.00
8/01 SELL 4 236.99 160812 C 68.00

$176.40 div to be paid 8/25

All the stock purchases after the initial 30 shares were from puts that expired in the money. All the sales of shares were from calls that expired in the money.

One more try, and this time I remembered to line up all the columns. I also labeled related transactions to show when an expiring option caused a stock purchase or sale. For instance, the two lines labeled “A” show a stock purchase caused by an expiring put.


  3/23 BUY   30 $ -2,295.40
A 5/03 SELL   3      170.00  160506 P 65.50
A 5/06 BUY  300  -19,660.00
  5/09 SELL   2      101.00  160513 C 66.00
  5/11 SELL   1       57.00  160520 C 66.50
B 5/16 SELL   2       91.00  160527 C 65.00
  5/26 SELL   3      110.00  160527 P 66.00
B 5/27 SELL 200   12,990.72
  5/31 SELL   2      131.00  160603 P 66.50
  5/31 SELL   1       62.00  160610 C 68.50
  6/02 DIV            85.80
C 6/10 SELL   3       50.00  160610 P 66.00
C 6/10 BUY  300  -19,810.00
  6/21 SELL   2      131.00  160624 C 67.00
  7/07 SELL   2       51.00  160708 C 61.50
  7/08 BUY    2     -299.00  160708 C 61.50
  7/12 SELL   2      300.99  160722 C 68.50
  7/15 SELL   2      370.00  160722 C 69.00
D 7/19 SELL   2      390.99  160722 P 67.00
D 7/22 BUY  200  -13,409.00
  7/28 SELL   4      568.00  160729 C 67.00
  7/28 BUY    3     -100.00  160729 C 67.00
  8/01 SELL   4      236.99  160812 C 68.00

$176.40 div to be paid 8/25

This leaves me holding 630 shares, and 4 short $68 calls that expire on 8/12.

My big mistake was selling a few calls at too low a strike price. SWKS took a big dip and then recovered quickly. I should wait next time if the stock dips, unless something deeper is going wrong. I also need to reduce my holdings, so I will concentrate on writing calls. Since my dividend is locked in, it’s not a bad time to sell. Most of the profit has come from options writing rather than stock price appreciation.