Opening (IRA): XLU April 19th 62 Covered Call
... for a 60.31 debit.
Comments: For lack of something better to do, looking to grab the March dividend here, which should be in the vicinity of .60/share.
The top 5, options liquid dividend-yielding ETF's are: EWZ (10.90%) (paid twice a year in June and December); EFA (5.27%) (paid twice a year in June and December); XLE (3.78%) (paid in March, June, September, December); XLU (3.16%) (paid in March, June, September, December); EEM (3.10%) (paid in June and December); EWW (3.08%) (paid in June and December).
Will look to roll out the short call on test of my break even, but will otherwise leave it mostly alone until the dividend drops into my account, which should occur sometime in the third week of March.
Comments: For lack of something better to do, looking to grab the March dividend here, which should be in the vicinity of .60/share.
The top 5, options liquid dividend-yielding ETF's are: EWZ (10.90%) (paid twice a year in June and December); EFA (5.27%) (paid twice a year in June and December); XLE (3.78%) (paid in March, June, September, December); XLU (3.16%) (paid in March, June, September, December); EEM (3.10%) (paid in June and December); EWW (3.08%) (paid in June and December).
Will look to roll out the short call on test of my break even, but will otherwise leave it mostly alone until the dividend drops into my account, which should occur sometime in the third week of March.
Comment:
1.69 max, btw. 2.80% ROC at max; 1.40% at 50% max. 2.29 max, assuming a .60 divvy; 3.80% ROC at max.
Trade closed manually:
Closing for a 61.47 debit here, 1.16 ($116) profit. 1.92% ROC for 14 days' work.