Three options positions expired Friday:
- Sold (1) CMCSA260320C35: Expired worthless.
- Sold (6) LEG260320P12.5: Assigned and 600 shares of LEG were purchased for $7,500.
- Sold (1) VZ260320C43: Assigned and 100 shares of VZ were sold for $4,300.
The $7,500 obligation from (2) was only partially offset by the $4,300 from (3). The $564.33 of unused cash in the account meant the remaining $3,200 obligation could be met with the infusion of $2,636.25 in new money. And this in turn means we need to take nine weeks off to restore the $250+ per week pace of investment.
This week, seven of the portfolio holdings ranked in the Top Ten.
| Ticker | Account Value |
| ADP | 3,547.73 |
| BDX | 2,928.47 |
| HTO | 3,884.70 |
| PEP | 3,450.92 |
| PPG | 3,208.26 |
| QCOM | 3,247.50 |
| SCL | 3,049.12 |
The lowest amount belongs to BDX. There is neither a position nor sector imbalance and nothing would have precluded investment in BDX save that it is an ‘off’ week.