Week 159 (till March 22, 2024)

Added

Yeah, life has it's way. I did add the 300$ in SPYI. But it went into the wrong account.

Review

During the week 6.47 entered the account. YTD 308.39

Plan for next week

The $450 go into SPYI .

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 157+158 ( till Mar 15, 2024)

 

Added

Yeah, life has it's way. I didn't add in week 158.

Review

The past 2 weeks $39.64 entered the account. YTD 301.92

Plan for next week

The $150 go into SPYI again, so total $300, for week 158 and week 159. It has currently 1.98% of the portfolio.

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 156 (till Mar 1, 2024)

Added

Yeah, life has it's way. I forgot to add to PDI

Review

This week $40.11 entered the account. YTD 262.28.

Plan for next week

The $150 go into PDI again, so total $300, last week and this week. It has currently 2.08% of the portfolio.

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 155 (till Feb 24, 2024)

Added

As discussed last week: $150 went into SPYI, the proceeds went into THW and last weeks $150 went into AB.

Review

I have my first home run in this account. I define a home run as an investment that doubled in invested original capital. The first home run in this account is AVGO. It is now up 105% and has 5.15% of the portfolio allocated. This means. I can't add to it per my rules. However, I will also not reduce the postion. Eventually I will have to think about reducing a position if it becomes to large. 

Plan for next week

The $150 go into PDI. it has currently 2.08% of the portfolio.

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.      

Covered Call - BROS - Update 2024-02-24 - Closed

Earnings was interesting. It gapped up and then did sell off. The trading range was big on 2/22. High $29.22 and low  $26.38 or $2.84 for the trading range. The average trading range over 14 trading days is $1.01. On Friday the market had a big up day. NVDA rocked with their earnings. It lifted the entire market.

Thursday night I already wrote in my trade book, that I need to sell another call on Friday. And then on Friday the closing price was 28.70. 
Total return on the trade. $208.87 or 7.51% on invested capital. Total trade duration 4 weeks.

Don't get me wrong. This is a total home run. This does not happen with most of the trades.

In my trading rules, the only exit is getting called out. That means, that I still have some stocks on the books that are down. One reason it is important that the stocks pay dividends. Now they can be cut e.g. WBA or completely suspended e.g. WDC 

Covered Call - BROS - Update 2024-02-17

Trade Update

On Friday:  I bought back the short call for 5 cents and sold a Feb 23 C28 for 1.20 cents.

This is a nice premium, but also indicates anything can happen on 2/21 when earnings get announced. The Market Maker Move is +/- $2.778.

Closing price on Friday was $27.40. Premiums returned with short options so far $69.58 (excluding Friday). 

Disclosure

I have been beneficially long the shares in BROS and short the call in BROS. 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 154 (till Feb 16, 2024)

Added

There was no addition this week. I was to busy to even think about it.

Review

The  7. week of 2024 paid  $22.45 to  the account. 

Plan for next week

The full $150 go into SPYI. (from last week)

The proceeds from the liquidation goes into THW (from last week)

New money goes into AB.

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.