Dividends, Investing and Options Trading for Week Ending 3/4/22

Another week has gone by and the stock market had another down week. All of my accounts were down this week as well but it was a good week for cash flow from the accounts. After not receiving any dividends at all last week, it was nice to see some dividends hit the accounts this week. Options trading also provided some cash flow this week. Let’s check out the details for the week.

Dividends

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

• Fidelity Government Money Market (SPAXX) – $0.04
• Visa Inc. (V) – $6.60
• Kroger Co. (KR) – $21.12
• Enbridge Inc. (ENB) – $68.26

All of the dividends received this week in the Traditional IRA were reinvested into the underlying positions.

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

• Nationwide NASDAQ 100 Risk Managed Income ETF (NUSI) – $2.00
• Amplify CWP Enhanced Dividend ETF (DIVO) – $0.71
• J.P. Morgan Equity Premium Income ETF (JEPI) – $2.99

All of the dividends received this week in the Roth IRA were reinvested into the underlying positions.

The total amount of dividends received this week was $101.72.

Buys/Sells

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

• Vanguard Total Stock Market Index ETF (VTI) – 0.665 shares

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

• American Tower Corp. (AMT) – 0.063 shares
• Amplify CWP Enhanced Dividend ETF (DIVO) – 0.96 shares
• Nationwide NASDAQ 100 Risk Managed Income ETF (NUSI) – 0.204 shares
• Huntington Bancshares Inc. (HBAN) – 2 shares
• Innovative Industrial Properties Inc. (IIPR) – 0.16 shares
• Invesco NASDAQ Next Generation ETF (QQQJ) – 0.352 shares
• J.P. Morgan Equity Premium Income ETF (JEPI) – 0.586 shares
• Omega Healthcare Investors Inc. (OHI) – 0.357 shares
• Schwab U.S. Dividend Equity ETF (SCHD) – 0.256 shares
• Store Capital Corp. (STOR) – 0.326 shares
• Vanguard Growth ETF (VUG) – 0.072 shares

The following buys were made in the taxable brokerage account this week:

• Roku Inc. (ROKU) – 0.01254 shares
• Invesco NASDAQ 100 ETF (QQQM) – 0.02387 shares
• Pinterest Inc. (PINS) – 0.04169 shares
• Sea Ltd ADR (SE) – 0.01593 shares
• Vanguard Total Stock Market ETF (VTI) – 0.01201 shares
• Facebook (FB) – 0.02725 shares
• PayPal Holdings Inc. (PYPL) – 0.01357 shares
• Shopify Inc. (SHOP) – 0.0046 shares

No sells were made this week.

Options Trading

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

• Genius Sports Ltd. (GENI) – bought a closing transaction on 4 covered call contracts at strike price of $7.50 expiring on March 18, 2022 for a premium of -$20.12 after fees. Two of the contracts were held for about 29 days while the other two were held for about 24 days. The end result was a total profit of $81.83.
• Genius Sport Ltd. (GENI) – sold 4 covered call contracts at strike price of $5.00 expiring on April 14, 2022 for a premium of $257.27 after fees.
• Schwab U.S. Dividend Equity ETF (SCHD) – bought a closing transaction on a covered call at strike price of $76.00 expiring on July 15, 2022 for a premium on -$413.68 after fees. This trade was held for about 64 days and resulted in a profit of $245.64.
• Schwab U.S. Dividend Equity ETF (SCHD) – sold a covered call at strike price of $76.00 expiring October 21, 2022 for a premium of $467.31 after fees.
• Hyllion Holdings (HYLN) – a cash secured put at a strike price of $4.50 expired in the money on March 4, 2022 which will result in 100 shares being assigned to me. This trade was held for about 39 days and resulted in a profit of $86.32.

The total amount of options premium received this week was $290.78.

Account Updates

The Traditional IRA finished the week at about $120,828. This is down $372 from the previous week.

The Roth IRA finished the week at about $2,610. This is up $220 from the previous week. When the contributions of $245 made to this account this week are factored in, the account was down for the week.

The 401k finished the week at about $10,997. This is down $39 from the previous week.

The taxable brokerage account finished the week at about $340. This is up $7 from the previous week. When the contribution of $25 made this week is factored in, the account was down for the week.

The little bit of bitcoin that I own finished the week at about $18. This is flat week over week.

The total amount invested is now at about $134,793. This is down $184 from the previous week. All of the positions in my portfolio can be seen by clicking “Portfolios” in the menu above.

Wrap Up

This week I did receive $6.14 in interest on my bank accounts. The total amount of dividends, options premium and interest received this week was $398.64. Despite the accounts being down it was a good week for cash flow. On the options trading front, I was able to roll out the covered call on SCHD and collect some more premium but this trade still remains in the money. Another options trade, a covered call on Kroger Co. (KR) is in jeopardy of having my shares called away. The trade was initiated on January 25, 2022 at strike price of $48 expiring on March 18, 2022. At the time, KR was trading around $45. Since then, KR has shot up over 30% closing at $58.94 on Friday. Who knew KR was a growth stock? I will try to manage this trade over the next couple of weeks but may wind up getting my shares called away. I’ll have to see how this plays out. That 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.

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

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

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

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.