9/13 SPY -$33,060.00 hedge $3,879.60 Net for this trade -$29,180.40 (unrealized) +$1,223.60 (realized) +$2,931.69 (realized) +$1,129.72 (dividend) ------------------------ -$23,895.39
9/14 SPY -$23,769.00 hedge $3,128.88 Net for this trade -$20,640.12 (unrealized) +$1,223.60 (realized) +$2,931.69 (realized) +$1,129.72 (dividend) ------------------------ -$15,355.11
9/15 SPY -$12,027.00 hedge $2,237.40 Net for this trade -$9,789.60 (unrealized) +$1,223.60 (realized) +$2,931.69 (realized) +$1,129.72 (dividend) ------------------------ -$4,504.59 I think tomorrow is ex-div day. The hedge is getting smaller. I may close it if it gets down to $1,000. It would've been cool to close it at +$6,000 or +$4,000 but I have no idea where price is going and I didn't want to close it too early. The hedge is just a bonus, though. Whether it's +$1,000 or +$6,000, that's still extra money.
Today is the ex div date. The dividend is $0.6249. With 5,700 shares that is about $3561.93, payable on 10/31/2011. I'm going to include this in the totals since I will be paid even if I sell my position before then. 9/16 SPY -$10,602.00 hedge $1,897.23 Net for this trade -$8,704.77 (unrealized) +$1,223.60 (realized) +$2,931.69 (realized) +$1,129.72 (dividend) +$3,561.93 (estimated dividend) ------------------------ $142.17 Net positive right now even tho SPY is -$10k.
9/19: SPY -$18,411.00 hedge $2,425.08 Net for this trade: -$15,985.92 (unrealized) +$1,223.60 (realized) +$2,931.69 (realized) +$1,129.72 (dividend) +$3,561.93 (estimated dividend) ------------------------ -$7,138.98
9/20: SPY -$19,209.00 hedge $2,483.73 Net for this trade: -$16,725.27 (unrealized) +$1,223.60 (realized) +$2,931.69 (realized) +$1,129.72 (dividend) +$3,561.93 (estimated dividend) ------------------------ -$7,878.33
9/21 SPY -$39,387.00 hedge $4,020.36 Net for this trade: -$35,366.64 (unrealized) +$1,223.60 (realized) +$2,931.69 (realized) +$1,129.72 (dividend) +$3,561.93 (estimated dividend) ------------------------ -$26,519.70
huge drop today! I'm considering putting in a stop order for my hedge since right now at 2:26pm CST it is +$6,272.52.
9/22 SPY -$60,876.00 hedge $5,674.29 Net for this trade -$55,201.71 (unrealized) +$1,223.60 (realized) +$2,931.69 (realized) +$1,129.72 (dividend) +$3,561.93 (estimated dividend) ------------------------ -$46,354.77
9/23: SPY -$57,000.00 hedge $5,369.31 Net for this trade -$51,630.69 (unrealized) +$1,223.60 (realized) +$2,931.69 (realized) +$1,129.72 (dividend) +$3,561.93 (estimated dividend) ------------------------ -$42,783.75