Grow old with you stock! Weekly buys, Smashing Pumpkins, KMB, MO, DUK, SPG, WMT, ED.....
Dapper Dividends23 Touko 2020

Grow old with you stock! Weekly buys, Smashing Pumpkins, KMB, MO, DUK, SPG, WMT, ED.....

I recap the weekly buys, talk about stocks I want to grow old with, cover the covered call I wrote again! I talk a little politics, and queue up my song of the show.

MO covered call - Own (100) shares, average $36.98. Sold a 6/12 $37.50 covered call for $1.21 ($121 - .65 Schwab comission fee = $120.35). I keep that $120.35 no matter what. The contract break even is $38.71. My break even is $39.55 ($37.50 + .84 dividend + $1.21 Premium). If the share price is below $38.71 on 6/12, odds are they will not be called away. If they are called away, I will be paid up until $37.50. Should that happen I will gain a grand total of $2.57/share or $257, which is a gain of .069% in 25 days. Almost 7% gain in under a month isn't too shabby!! If this is unclear, please go to YouTube and search "What is a covered call"......!!!

Song of the show - "Tonight Tonight" by The Smashing Pumpkins

Tickers mentiond in this episode - WMT, SPG, DUK, ET, PRU, PEP. JNJ, KMB, ED, MO, CL, ACB, NIO, HMNY. Disclosure: I am long SPG, DUK, ET, PRU, PEP, JNJ, KMB, ED, MO, ACB, NIO & HMNY.

Disclaimer- I am not a licensed financial adviser and this is NOT financial advice. I am sharing my experience for fun and entertainment!


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