LVS - Covered Call - New Trade

The Trade

LVS is a ticker I trade on a regular base. Over t past 5 years it was trading between  $35ish and $65ish.

After suspending the dividend in 2020 during Covid, it started to pay a dividend again. The yield is 1.78%. It is not much, but better then nothing.

Die 45ish line is a major support line. 

I bought 100 shares at $44.86. I sold next week Friday (May 31st) a 45 call for 48c. If I get called out the return on investment will be 14c+48c = 62c/$44.86 = 1.38%. If I don't get called out, the ROI will be 1.06%, 

Disclosure

I have been beneficially long the shares in LVS and short the call in LVS. I wrote this article myself and it expresses my own views and opinions. I am not receiving any compensation for this. I have no business relation ship with any company whose stock is mentioned in this article.

I am not an investment advisor or professional. This article is my personal opinion and experience and is not meant to be a recommendation of the purchase or sale of a stock or option. Investors should conduct their own research before investing to see if the companies discussed in this article fit into their portfolio parameters.

CMA - Covered Call - New Trade

The Trade

CMA is a ticker that I found with a search tool.

It has a wide trade range in last 5 years between 30 and 100$. 

CMA has a dividend yield of 5.59%.

Over the last 6 months it was mainly stuck between 48ish and 56ish.

CMA is trading at a major support line.

I bought 100 shares at $50.58. I sold next week Fridays (May 31) 51 Call for 55 cents. If I get called out, then I have to sell my shares at $51. In this case, I get to keep the gain of 42c a share and the 55c from the short call. 42+55 = $0.97/50.58=1.91% ROI. If I don't get called out, I get to keep the shares and the 55c. 0.55/50.58=1.08% ROI.
Until then I am sitting on my hands.

Disclosure

I have been beneficially long the shares in CMA and short the call in CMA. I wrote this article myself and it expresses my own views and opinions. I am not receiving any compensation for this. I have no business relation ship with any company whose stock is mentioned in this article.

I am not an investment advisor or professional. This article is my personal opinion and experience and is not meant to be a recommendation of the purchase or sale of a stock or option. Investors should conduct their own research before investing to see if the companies discussed in this article fit into their portfolio parameters.

Week 168 (till May 24, 2024)

 Added

I added last week $150 to MO and THW

Review

YTD $589.63 in dividends showed up in my account.

Plan for next week

I am adding $150 NVDA. NVDA is splitting on 6/7 10:1. NVDA does not pay a dividend, but I can have growth components in this portfolio as well.

Disclaimer

I have been beneficially long with stocks all the items I discuss in the dividend investing. I wrote this article myself and it expresses my own views and opinions. I am not receiving any compensation for this. I have no business relation ship with any company whose stock is mentioned in this article.

I am not an investment advisor or professional. This article is my personal opinion and experience and is not meant to be a recommendation of the purchase or sale of a stock or option. Investors should conduct their own research before investing to see if the companies discussed in this article fit into their portfolio parameters.     

Week 163-167 (till May 17, 2024)

 

 Added

This seems to become a  habit, that I don't manage to invest what I am supposed to be investing in.

Review

YTD $583.78 in dividends showed up in my account.

Plan for next week

I am adding $150 to THW (for last week) and $150 into MO

Disclaimer

I have been beneficially long with stocks all the items I discuss in the dividend investing. I wrote this article myself and it expresses my own views and opinions. I am not receiving any compensation for this. I have no business relation ship with any company whose stock is mentioned in this article.

I am not an investment advisor or professional. This article is my personal opinion and experience and is not meant to be a recommendation of the purchase or sale of a stock or option. Investors should conduct their own research before investing to see if the companies discussed in this article fit into their portfolio parameters.