About meModernCents manages a dividend portfolio and actively trades stocks and options in order to reduce cost basis. Each month, the results of our portfolio is published in the CENTS Newsletter. Visit our website and become a member today!
Joined a year ago
Was able to protect dividend portfolio with volatility position (VXX) purchased at the beginning of this month plus taking risk off our Put Vertical Spreads before the major drop...
Market conditions were indicating a potential drop in the market. ModernCents portfolio managers placed this small VXX position to help offset some of the long deltas in the portfolio. The combination of closing the Put Vertical Spreads inside the Iron Condors and the purchase of this VXX position were the only ...
With the recent drop in crude oil prices, looking to capitalize on HAL. The stock was bought at $40 per share and will be held until target range of $50-$52 per share is reached. Current dividend is 0.18 with next ex-dividend date on 8/31/2015.
Current visual snapshot of the risk associated with current option positions inside the ModernCents Dividend Portfolio. Each light blue line represents the location and days to expiration (DTE) for the short calls and puts.