Since I Acquired 100 shares of SPCE in February of this year at $38.05 I started writing covered calls to recover the capital and always write the call out of the money ,so that i wont lose the shares , now this yields low option price and I am ok with that.
So Far I wrote 16 covered calls either weekly or biweekly if the option price is low. 3 times I bought my call back so that I can write an expensive call this costed me total of $16. This way I recovered $654.
ou can see my current call expires next Thursday .Only last week when SPCE rallied all the way to $35.73 ,that was only close one.
ASPS: This is another one i have been writing monthly calls ,as there is not much activity on weekly calls.
Now this one is interesting ,as my latest call is almost in the money and it seems to be certain to get called away .I am Ok with it being called away also. As my average share price is less than $10.Now if it doesn`t get called ,will be writing $15 Call as that seems to fetch more money.
So Early this year many dividend cuts, I stopped following the increases in early june as they were very few here and there in my portfolio. Now almost at the end of the year, I went back till June to check how many increases i had how much impact it had on my account.
So i had 11 increases in my account adding up to $75 to my dividends. ABBV had the biggest impact.
Overall this year I had $173 added in dividend increases for my account. My portfolio yield is around 2.2% This mean like new capital like 7k in capital.
One more month in books and we are almost at the end of the year. What a strange year, no one expected to be this kind of year with pandemic and huge fall in stock market and rise again.
I have received $543 in dividends for the month of November ,Almost like $17 every day of the month.
Compared to previous November its up 21% .Slowly more months are crossing the threshold of $500 .
So far out of the 11 months 6 months crossed 500 and 3 months crossed 1000 in dividends
For this month T and AAPL are the biggest payers for me. 2020 Dividend Goals: I had a goal of 11k in dividends received and with this month payments I received 7.4k in dividends . For December I need to receive 3600 in dividends ,for comparison last year I received 2.6K dividends in December 2019 I need 33% increase over last year.