My retiree dividend income investing blog
Sold two cash-secured put options on stocks I would like to own.
The Bank of Nova Scotia (BNS) July 46 put @ $1.05, annualized yield 12.81%
Uber Technologies, Inc. (UBER) July 60 put @ $1.04, annualized yield 10.04%
Also see: BNS Trade from 4/25/24
Also see: Portfolio
Closed out four put options for a profit buy buying them back to close:
GOOGL June 135 put @ $.09; profit 94.19%, annualized yield 6.98%
MU June 90 put @ $.11; profit 91.34%, annualized yield 9.66%
MRVL June 50 put @ $.06; profit 93.41%, annualized yield 11.07%
PFE June 25 put @ $.03; profit 97%, annualized yield 25.61%
Bought 20 ($20,000) Sept. T-Bills yield 5.38%
Bought 22 ($22,000) Oct. T-Bills yield 5.35%
| Shortlist |
| TRMD 16% |
| CCAP 11.2% |
| CTO 8.81% |
| NLCP 7.98% |
| TSLX 8.61% |
| AB 8.36% |
| KNTK 7.7% |
| PAGP 6.85% |
| BNS 6.47% |
| AM 6.27% |
| RYLG 6.23% |
| PFE 5.96% |
| KMI 6.05% |
| OKE 4.95% |
| CUBE 4.8% |
| WMB 4.8% |
| EPRT 4.5% |
Today sold three cash-secured puts on stocks I wouldn’t mind owning should they get put to me:
Advanced Micro Devices (AMD) STO July 135 put @ $3.27, annualized yield 12.45%
Nike (NKE) STO July 90 put @ $3.04, annualized yield 17.36%
Pfizer (PFE) STO June 27.50 put @ $0.55, annualized yield 16.98%
Had some T-Bills mature, so I reinvested:
30 ($30,000) July T-Bills yielding 5.37%
27 ($27,000) August T-Bills yielding 5.38%
Also added 100 shares of Runway Growth Finance Corp (RWAY) at $12.3752. On sale today, down 6.49%. Dividend 12.08%. Two green ratings on Seeking Alpha. Also recommended by More Ideas Than Money, Monthly Dividend Multiplier.
I love the end of the month. I receive dividends from all of these on the last day of the month. Most are Closed End Funds (CEFs).
abrdn Global Dynamic Dividend Fund (AGD)
abrdn Total Dynamic Dividend Fund (AOD)
abrdn Global Infrastructure Income Fund (ASGI)
BlackRock Enhanced Equity Dividend Fund (BDJ)
BlackRock Health Sciences Trust (BME)
BlackRock Health Sciences Term Trust (BMEZ)
BlackRock Science and Technology Term Trust (BSTZ)
BlackRock Utilities, Infrastructure, & Power Opportunities Trust (BUI)
DoubleLine Yield Opportunities Fund (DLY)
DoubleLine Income Solutions Fund (DSL)
Eaton Vance Enhanced Equity Income Fund II (EOS)
Eaton Vance Tax-Advantaged Global Dividend Income Fund (ETG)
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (ETO)
Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV)
Eaton Vance Tax-Advantaged Dividend Income Fund (EVT)
abrdn Asia-Pacific Income Fund Inc (FAX)
BlackRock Corporate High Yield Fund (HYT)
NextGen Infrastructure Income Fund (NXG)
Cohen & Steers Total Return Realty (RFI)
Cohen & Steers REIT & Preferred Income Fund (RNP)
Cohen & Steers Quality Income Realty Fund (RQI)
Global X Russell 2000 Covered Call ETF (RYLD)
Ecofin Sustainable and Social Impact Term Fund (TEAF)
Credit Suisse X-Links Crude Oil Shares Covered Call ETNs (USOI)
Cohen & Steers Infrastructure Fund (UTF)
Reaves Utility Income Trust (UTG)
Also see: ASGI Trade
Also see: BDJ Trade
Also see: RQI Trade
Also see: AGD Trade
Today, since ex-dividend date is in three days, I added a small amount to my position in NNN REIT, Inc.(NNN). NNN is a high quality retail REIT that pays 5.51% dividend and has raised its dividend consistently for 33 years. Rated two green on Seeking Alpha. Currently undervalued, per FastGraphs. Some of their properties are Best Buy, 7/11, Walgreens, Bob Evans, and BJ’s Wholesale Club.
Today I had some US treasury bills mature so I bought 33 more ($33,000). Expires in July and I will earn 5.4% yield. Safe and guaranteed.
I also sold put options on stocks I wouldn’t mind owning in my dividend portfolio:
Today I sold three cash-secured puts on stocks I would love to own at the right price.
Micron Technology (MU) June 90 put @ $1.27, representing a 9.66% annualized yield. Stock recommended by a service I subscribe to, Alpha Investor.
Marvell Technology (MRVL) June 50 put @ $.91, representing a 11.07% annualized yield. Rated two green on Seeking Alpha and recommened by a service I subscribe to, Alpha Investor.
Alphabet (GOOGL) June 135 put @ $1.55, representing a 6.98% annualized yield. Many green ratings and strong buy on Seeking Alpha. Also recommended by a service I subscribe to, Alpha Investor.
My Apple (AAPL) April 175 short put is in the money and expires in a few days, so I rolled it out and down to a May 170 put to give AAPL more time. This resulted in a net debit to me of about $13. The new May put option gives me a 32% annualized yield. I only sell cash-secured put options on stocks I would want to own.
I added to my position in Cohen & Steers Quality Income Realty Fund (RQI). Reasons I’ve had this closed-end fund for quite awhile now:
Also see: Today’s Trades from 3/25/24