Bank Of Nova Scotia Stock (BNS) Trades For 2014 Update

I entered into trading Bank of Nova Scotia Stock in February of 2014. Bank Of Nova Scotia Stock trades under the symbol BNS both on the Toronto Stock Exchange and New York. I trade BNS Stock only on the Toronto Stock Exchange in Canadian Dollars.

The latest update in BNS Stock trades shows that this stock now comprises just under half of my entire Canadian Portfolio. A lot of trades expired November 22.

BNS Stock Plunge

The latest plunge at BNS Stock today has made a number of changed to my trades. There are still 4 open trades that must now be adjusted in coming days.

All active trades are highlighted in yellow and marked active. To understand the trade table for active trades, if there have been roll-outs or roll-downs, running totals are in the final column, highlighted in yellow. The keys are shown in below. The most important aspect to follow with roll-outs and/or roll-downs is the income to date is shown with cost to roll-out of down being in brackets. The smallest figure and/or final figure is commissions paid to date for the Bank Of Nova Scotia Stock trades.

BNS Stock trade keys

BNS Stock Income Growing But Focus Remains On Capital Reduction

In the last review I did on BNS Stock I indicated that the focus would be on capital in use reduction. This worked well in November with capital dropping more than 145,000. This allowed for an additional trade today but capital in use is still down by over $100,000. This will allow me a great deal of flexibility should I decide to sell more puts, set up other covered calls, buy stock or put in place rescue strategies.

Canada Members should take time out to review the 4 remaining active trades from September and August to see the various changes made, adjustments done and the handling of roll outs and/or roll-downs are being handled. This is an excellent way to learn about the value of focusing on the trades themselves to keep income pouring into a portfolio no matter what the stock itself is doing. It is a great way to learn about how to adjust positions and handle a declining stock.

Bank Of Nova Scotia Stock To Dec 5 2014

Trades that are still being adjusted extend back to August 26. FullyInformed Canada Members can review the latest BNS Stock trades for 2014 directly through this link or they can sign in to the full Canada members site here. Non-members can join here or read about the benefits of being a member.

Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.