Daily Trades

Today’s Trades: NBB, ERC, GBAB, SGOV, MSD

iShares® 0-3 Month Treasury Bond ETF ($SGOV)
Added/Buy 35 Shares of SGOV at Market (Day), Filled at $100.61, $2,213.42
  • Short term T bills, cash equivalent
  • Pays 5.24% monthly

Today’s Trades: GOOGL, CVX, DFP

My 50% profit target was hit on the $GOOGL Nov $155 short put option.

I used the freed up cash to:

Sell a Chevron $CVX put option.
YOU SOLD OPENING TRANSACTION PUT (CVX) CHEVRON CORP NEW COM NOV 15 24 $145 (100 SHS) (Cash) @ $2.29 ($229), representing an annualized yield of 18.60%.
Chevron is a Divident Aristocrat that pays a 4.30% dividend, so I would not mind owning this stock if it gets assigned to me.
Flaherty & Crumrine Dynamic Preferred and Income Fund $DFP
  • Added 65 shares
  • Pays 6.33% monthly distribution
  • Currently selling at a 5.51% discount
  • I am now adding to preferred stocks and limited duration bonds to get more yield than 3 month T-Bills are paying

Today’s Trades: OZK, GAP, SGOV

My buy-to-close orders were filled on two of my short put option positions.

OZK Nov $37.50 put closed for 55% profit.

GAP Oct $19 put closed for 87% profit.

I used the freed up cash to buy:

SGOV iShares® 0-3 Month Treasury Bond ETF

  • 5.25% monthly dividend

I want to have some cash or cash-equivalents available around election time.

Today’s Trades: NEE-PR, DFP, LDP, SGOV

Today I had a short term T-bill mature, so I used those funds to buy some higher-yielding investments. As interest rates come down, T-bills will no longer be as attractive, so I am adding to my holdings in preferred stocks and limited duration bonds.

NextEra Energy, Inc. Preferred UNIT 09/01/25 ($NEE-PR)

  •  7.40%

Cohen & Steers Limited Duration Preferred and Income Fund, Inc ($LDP)

  • 7.21% monthly

Flaherty & Crumrine Dynamic Preferred and Income Fund ($DFP)

  • 6.26% monthly

iShares® 0-3 Month Treasury Bond ETF ($SGOV) 

  • 5.26% monthly

 

Today’s Trade: NSRGY

Bought some Nestle ($NSRGY) today.

  • global (Swiss) food company with many recognizable brands
    • Nestle candy
    • Gerber baby products
    • Purina pet food
    • Optifast
    • Nespresso coffee
    • Boost nutritional drinks
    • Stouffer’s
    • Lean Cuisine
    • Häagen-Dazs
    • Perrier water
  • rated 2 green on Seeking Alpha
  • pays 3.25% dividend
  • even if we have a recession, people will still want/need pet food, Gerber baby products, etc.

Today’s Trades: AMZN, GOOGL, HASI

AMZN
Reached my “50% profit within first two weeks” rule and bought back my AMZN Oct short put.
Used that cash to sell more cash-secured puts:
GOOGL
Sold to open 1 Contract GOOGL Nov 15 2024 155 Put Limit at $4.05 ($405)
Represents an annualized yield of 17.99%
HASI
Sold to Open 1 Contract HASI Nov 15 2024 30 Put Limit at $0.65 ($65)
Represents an annualized yield of 14.92%

Today’s Trades: WMB, KO, DVN, NVDA

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

Sell to Open 1 Contract NVDA Oct 18 2024 110 Put Limit at $3.80 (Day)
Filled at $3.80, Annualized return 38.4%

 

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%.

Today’s Trades: AAPL, KO, DVN, BDJ, SHEL

Closed 1 AMD cash-secured put for an 80% profit, freeing up some cash to work with.

Closed 2 NVDA cash-secured puts for an 80% profit, freeing up some cash to work with.

Sold 3 cash-secured puts on stocks I would not mind owning if they get assigned to me:

AAPL

Sep-12-2024, Sell to Open 1 Contract AAPL Oct 18 2024 215 Put Limit at $3.70 (Day)
Filled at $3.85 ($385), representing an 18% annualized yield.
KO
DVN
Used the remaining cash to add to:
SHEL:  4.12% dividend
BDJ:  8.04% monthly dividend