My retiree high-yield dividend income investing blog
My “50% profit within first two weeks” order was hit on two of my cash-secured puts, WMB and KO.
Used that available cash to sell another cash-secured put:
NVDA
Losing trade:
DVN: my $42.50 cash-secured put was assigned to me, so I am now long DVN at $42.50.
So, I sold an October $42.50 covered call option for $.50 ($50), representing an annualized yield of 14.2%.
Closed out 2 XOM September covered call options for a profit of 98.67%.
Sold 2 more XOM December 120 covered call options for $2.58 ($258 x 2=$516). Annualized gain for these 2 new covered calls: 8.51%
Sold ten September covered calls on a stock I already own, Adecoagro (AGRO). Current price $10.95, strike price $12.50. Premium: $.50 ($500). This represents an annualized yield of 9.49%.
Sold some covered calls on stocks I already own in my dividend portfolio:
Exxon Mobil (XOM) May 120 calls, $1.40 each, 8.68% annualized return
Blue Owl Capital Inc. (OWL) May 19 calls, $.70 each, 26% annualized yield