Dividends, Investing and Options Trading for Week Ending 12/10/21

The markets took a downturn toward the end of November and into the beginning of December but rebounded nicely this week. Could this be the start of a Santa Claus rally? Maybe, time will tell. It was nice the accounts growing again this week. This led to one of my accounts crossing a milestone this week. Let’s check out the details for week!

Dividends

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

  • Visa Inc. (V) – $6.60
  • Johnson & Johnson (JNJ) – $26.08
  • Tractor Supply Co. (TSCO) – $6.27
  • Microsoft Corp. (MSFT) – $15.59

The JNJ dividend was reinvested back into the underlying position. The rest of the dividends were deposited into the core account to be reinvested at a future time.

The following dividend was received in the Roth IRA this week:

  • J.P. Morgan Equity Premium Income ETF (JEPI) – $1.11

This dividend was reinvested back into the underlying position.

The total amount of dividends received this week was $55.65.

Buys/Sells

The following buy was made in the Traditional IRA this week:

  • Vanguard Total Stock Market ETF (VTI) – 1 share

No sells were made this week.

Options Trading

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

  • Kroger Co. (KR) – bought a closing transaction on a covered call at a strike price of $46 expiring on December 17, 2021 for a premium of -$14.02 after fees. This trade was held for about 14 days and produced a total profit of $67.30.
  • Kroger Co. (KR) – sold a covered call at a strike price of $47 expiring on January 21, 2022 for a premium of $44.32 after fees.
  • Western Union Co. (WU) – bought a closing transaction on a cash secured put at a strike price of $18 expiring on December 17, 2021 for a premium of -$35.02 after fees. This trade was held for about 23 days and produce a total profit of $72.30.
  • Genius Sports Ltd. (GENI) – sold 2 contracts for cash secured puts at a strike price of $7.50 expiring on January 21, 2022 for a premium of $180.65 after fees.

The total options premium received this week was $175.93.

Account Updates

The Traditional IRA finished the week at about $121,554. This is up $3,912 over the previous week.

The Roth IRA finished the week at about $1,448. This is up $37 over the previous week.

The 401k finished the week at about $10,166. This is up $356 over the previous week.

The taxable brokerage account finished the week at about $359. This is up $12 over the previous week.

The little bit of bitcoin that I have finished the week at about $24. This is up $3 over the previous week.

The total amount invested is now about $133,551. This is up $4,320 over last week. All of the positions in my portfolio can be seen by clicking “Portfolios” in the menu or clicking here.

Wrap Up

The total amount of dividends and options premium received this week was $231.58. I like seeing this “extra” income every week. It is like having a second job that requires very little effort or time. The goal is to keep building up the income streams from dividends and options until one day it will be enough to cover my expenses. It was good to see the accounts growing again this week including the 401k surpassing the 10k milestone. This is a small milestone, but it is a small step in the right direction on my journey to being financially free. That about wraps it up for this week. Thanks for following along!

On a side note, I have added a Recommended Resources in the menu. It currently is a work in progress. It will contain blogs and YouTube channels that I enjoy as well as some sites that I use. I hope you take the time to check it out.

*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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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

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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 in M1 Finance and want to support the blog here is my referral link: https://m1.finance/ktIiFeOI5zDr

This image has an empty alt attribute; its file name is varo.png

Varo Bank is one of the banks that I use. From time to time the bank will run promotions. Currently, you can earn up to 3% on your savings with Varo, if you meet certain requirements. If you are interested in checking it out, here is my referral link: https://bank.varomoney.com/signup?r=William360

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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.

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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