Dividends, Investing and Options Trading for Week Ending 7/23/2021

The stock market started off the week down but surged in the latter part of the week to finish on a positive note. My accounts continue to grow and reach all time highs in the amount I have invested. I did not receive much in the way of dividends this week but did pick up a little bit of premium from my options trades this week. Let’s take a look at the details below.

Dividends

The following dividends were received in the Roth IRA this week:

  • Nationwide Risk-Managed Income ETF (NUSI) – $0.41

The dividend was reinvested into the underlying position. This was the only dividend received this week.

Buys/Sells

The following buys were made in the Roth IRA this week:

  • Vanguard Growth ETF (VUG) – 0.05 shares
  • Invesco NASDAQ Next Generation ETF (QQQJ) – 0.25 shares
  • Huntington Bancshares Inc. (HBAN) – 1 share
  • American Tower Corp. (AMT) – 0.075 shares

The following buys were made in the Traditional IRA this week:

  • Kroger Co. (KR) – 3 shares

That is it for the buys this week. There were no sells this week.

Options Trading

The following options trades were made in the Traditional IRA this week:

  • Organigram Holdings (OGI) – bought a closing transaction on a covered call expiring on September 17, 2021 for a premium of -$7.03.
  • Organigram Holdings (OGI) – sold a covered call with a strike price of $5.00 expiring on January 20, 2023 for a premium of $56.31.
  • Organigram Holdings (OGI) – sold two covered calls with a strike price of $4.00 expiring on December 17, 2021 for a premium of $19.31 each.
  • Verizon (VZ) – sold a covered call with a strike price of $59.00 expiring on August 27, 2021 for a premium of $19.31.
  • AT&T Inc. (T) – sold a covered call with a strike price of $30.00 expiring on August 20, 2021 for a premium of $5.66.

The total options premium received this week was $112.87.

Account Updates

The Traditional IRA finished the week at $117,870. This is up $883 over last week.

The Roth IRA finished the week at $698. This is up $67 over last week. This total includes the monthly contribution of $60.

The 401k finished the week at $8,145. This is up $77 over the previous week.

The taxable brokerage account finished the week at $311. This is up about $18 over the previous week.

The total amount invested across all accounts is $127,024. This is another all time high for the amount I have invested. All of my portfolio positions can be seen by clicking “Portfolios” in the menu or clicking the following link: https://bluecollarbill.com/portfolios/

Wrap Up

The total amount of dividends and options premium received this week was $113.28. This money is all reinvested into the accounts to help the accounts grow. The progress on growing my wealth week over week continues. To this point, my strategy has been working well for me. As always, my strategy continues to develop over time. I continue to learn more about investing. I am still fairly new to investing in the stock market, but as time goes on I find it gets easier and easier. A big part of this is emotions. Now, a down day in the market is a buying opportunity instead of worrying about how much my accounts have dropped. I have improved on being patient. For example, I am currently trying to build my position in Kroger Co. (KR) to 100 shares. In the past I would just funnel money into this position as fast it came in. Now, I set limit orders so that I buy at the price I choose when the share price pulls back a little. Taking charge of my financial life has done wonders for me and it can for you too! Well, that’s it for now. Thanks for following along on my journey!

*Disclaimer – I am not a financial professional. The information shared here should not be considered financial advice. I am just a factory worker sharing my experience as I strive to achieve financial freedom. Before investing or making any financial decision do your own research and due diligence or consider seeking the advice of a financial and/or tax professional.

Here are some of the businesses that I use that I thought some of you might be interested in.

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I use the free version on trackyourdividends.com. This is a quick an easy way for me to track my estimated annual income from dividends.

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Lolli has a variety of stores that it is affiliated with and offers rewards for shopping at these stores. I use Lolli when I shop on Chewy and I get bitcoin as a reward. Who doesn’t want free bitcoin! If you are interested in Lolli and want to help support the blog here is my referral link: https://www.lolli.com/share/XP7gxDgqC4

This image has an empty alt attribute; its file name is 2021-02-28-m1-logo.png
https://m1.finance/ktIiFeOI5zDr

I use M1 Finance for my taxable growth account. M1 Finance offers promotions for signing up. At the time of writing this post, the promotion is for $50. These promotions vary from time to time but is usually a $10 bonus. If you are interested M1 Finance and want to support the blog here is my referral link: https://m1.finance/ktIiFeOI5zDr

If you use the referral links listed above I could receive compensation. Please take the time to read the terms and conditions before signing up.

Published by Bill

I am just a blue collar factory worker trying to reach financial independence by spending less, earning more, saving and investing.

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