So here's what was on tap for 7/19/2020:
I might step in front of a steamroller once a month for that kinda payday. I mean how fast do they roll?
Let's take a look at those payouts compared to the yearly dividends while I'm waiting on the opening bell......
JNJ dividend = $0.95 X 4 = $3.80 X 7800 shares = $29,640/year. I guess that's OK, but I just made almost that in one month. I think I'll keep doing it.
O dividend - hey look - I just got it!
UPS dividend = $0.96 X 4 = $3.84 X 11,000 shares = $42,240.00/year. Nice but $21,562.94 PER MONTH is way better. Did I mention I sold $100 strike Calls on the whole position out 1 year for a $109,298.39 credit the day I bought the shares? Dammit. Even I can't see over that stack of pennies.
WPC dividend = $1.034 X 4 = $4.136 X 13,000 shares (if I had them) = ~$53,768, but I do not have them yet. ~$12,463.13 X 12 = $149,557.56/year though. Maybe I'll use that premium to buy the shares I do not have yet.
So what happened today?
WPC closed at $83.84 so the $80.00 Put options expired worthless to the buyer and I get to keep the Premium. Will sell those again Monday.
UPS closed at $103.31 so the $97.00 Put options expired worthless to the buyer and I get to keep the Premium. Will sell those again Monday.
O closed at $68.74 so the $67.50 Put options expired worthless to the buyer and I get to keep the Premium. Will sell those again Monday.
JNJ was more entertaining since it "tanked" today, and closed at $130.31, (-$1.76) so I had to roll the Puts out as I watched the $134.00 Calls expire. I'll sell the Calls again on Monday, while the Puts get to be revisited later:
Net credit: $1,013.05
Net share cost now $133.21
In other news, I decided to roll AMZA into the BB20 portfolio as I already have a bunch, but I bought some more this week as the Xdiv is basically today, so now it is a full position, or would be had I added correctly. I'll need to figure all of that out over the weekend. Sooooo many $6.00 Calls to sell there, so few takers. Maybe Iran will help out with that?
Disclosure: I am/we are long AMZA, BX, GPC, HD, JNJ, MO, NLY, O, PG, SKT, T, UPS, UVXY, WPC.