Dividends, Investing and Options Trading for Week Ending 4/29/22

This week was another down week in the stock market. Both the S&P 500 and NASDAQ rallied up a little bit on Thursday but then fell back down on Friday. Because of the drop on Friday, both the S&P 500 and the NASDAQ were down for the week. As a result, the S&P 500 is down almost -14% for the year and the NASDAQ is in bear market territory down -22% year to date. Despite the downturn in the stock market, I continue to invest. Let’s check out how my week went.

Dividends

This week I received the following dividends in the Traditional IRA:

• Invesco Mortgage Capital Inc. (IVR) – $9.81
• Altria Group Inc. (MO) – $93.87
• Fidelity Government Money Market (SPAXX) – $0.04

All of the dividends received in the Traditional IRA this week were deposited into the core account to be reinvested at a future time.

This week I received the following dividends in the Roth IRA:

• Nationwide NASDAQ 100 Risk Managed Income ETF (NUSI) – $2.12
• American Tower Corp. (AMT) – $1.19
• Amplify CWP Enhanced Dividend ETF (DIVO) – $1.23

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

For the week I received a total of $108.26 in dividends.

Buys/Sells

This week I made the following buys in the Traditional IRA:

• Warner Bros. Discovery Inc. (WBD) – 35 shares
• Vanguard Total Stock Market Index ETF (VTI) – 0.10 shares

This week I made the following buys in the 401k:

• Vanguard Total International Stock Market Index Fund – 2.134 units
• DFA Commodity Strategy Portfolio – 1.1969 units
• Vanguard Total Bond Market Index Fund – 2.4116 units
• Vanguard Total Stock Market Index Fund – 8.2808 units

This week I made the following sells in the Traditional IRA:

• Invesco Mortgage Capital Inc. (IVR) – 109 shares (I sold out the entire position.)

Options Trading

This week I made the following options trades in the Traditional IRA (A couple of covered calls expired out of the money that I forgot to include in the update for last week so I will add in the details this week):

Expired positions

• Verizon (VZ) – a covered call at a strike price of $55.50 expired out of the money on April 22, 2022. This trade was held for about 14 days and resulted in a profit of $11.36.
• Hyliion Holdings (HYLN) – a covered call at a strike price of $4.50 expired out of the money on April 22, 2022. This trade was held for about 46 days and resulted in a profit of $24.31.
• Hyliion Holdings (HYLN) – two covered call contracts at a strike price of $4.00 expired out of the money on April 29, 2022. This trade was held for about 10 days and resulted in a profit of $9.43.
• HanesBrands Inc (HBI) – a covered call at a strike price of $15.00 expired out of the money on April 29, 2022. This trade was held for about 10 days and resulted in a profit of $5.66.
• Camping World Holding Inc. (CWH) – a cash secured put at a strike price of $28.00 expired in the money on April 29, 2022. As a result, 100 shares will be assigned to my account. This trade was held for about 42 days and resulted in a profit of $124.31.

Calls

• Verizon (VZ) – sold a covered call at a strike price of $52.00 with an expiration date of April 29, 2022. The premium received for this trade totaled $5.66 after fees.
• Tilray Brands Inc. (TLRY) – bought a closing transaction on a covered call at a strike price of $7.00 with an expiration date of April 29, 2022. The premium received for this trade was -$2.03 after fees. This trade was held for about 7 days and resulted in a profit of $8.38.
• Tilray Brands Inc. (TLRY) – sold a covered call at a strike price of $7.00 with an expiration date of May 06, 2022. The premium received for this trade was $4.71 after fees.
• AT&T Inc. (T) – sold a covered call at a strike price of $21.00 with an expiration date of May 06, 2022. The premium received for this trade was $3.76 after fees.
• AT&T Inc. (T) – sold a covered call at a strike price of $20.50 with an expiration date of April 29, 2022. The premium received for this trade was $2.81 after fees.
• Invesco Mortgage Capital Inc. (IVR) – bought a closing transaction on a covered call at a strike price of $2.00 with an expiration date of May 20, 2022. The premium received for this trade was -$2.03 after fees. This trade was held for about 14 days and resulted in a profit of $31.28.
• Verizon (VZ) – bought a closing transaction on a covered call at a strike price of $52.00 with an expiration date of April 29, 2022. The premium received for this trade was -$3.03 after fees. This trade was held for about 2 days and resulted in a profit of $2.63.
• Verizon (VZ) – sold a covered call at a strike price of $51.50 with an expiration date of May 06, 2022. The premium received for this trade was $7.56 after fees.
• Direxion Daily Semiconductor Bull 3X Shares ETF (SOXL) – bought a closing transaction on a covered call at a strike price of $34.50 with an expiration date of April 29, 2022. The premium received for this trade was -$11.03 after fees. This trade was held for about 9 days and resulted in a profit of $12.28.
• Direxion Daily Semiconductor Bull 3X Shares ETF (SOXL) – sold a covered call at a strike price of $25.00 with an expiration date of April 29, 2022. The premium received for this trade was $32.31 after fees.
• AT&T Inc. (T) – bought a closing transaction on a covered call at a strike price of $20.50 with an expiration date of April 29, 2022. The premium received for this trade was -$1.03 after fees. This trade was held for about 3 days and resulted in a profit of $1.78.
• AT&T Inc. (T) – sold a covered call at a strike price of $21.00 with an expiration date of May 20, 2022. The premium received for this trade was $4.71 after fees.
• Direxion Daily Semiconductor Bull 3X Shares ETF (SOXL) – bought a closing transaction on a covered call at a strike price of $25.00 with an expiration date of April 29, 2022. The premium received for this trade was -$1.03 after fees. This trade was held for about 1 day and resulted in a profit of $31.28.
• Direxion Daily Semiconductor Bull 3X Shares ETF (SOXL) – sold a covered call at a strike price of $30.00 with an expiration date of May 13, 2021. The premium received for this trade was $46.31.

For the week, I received a total of $87.65 in options premium.

Account Updates

The Traditional IRA finished the week with about $116,576 invested. As a result, this account is down -$3,524 from the previous week.

The Roth IRA finished the week with about $2,908 invested. As a result, this account is down -$110 from the previous week.

The 401k finished the week with about $11,591 invested. As a result, this account is down -$227 from the previous week.

The taxable brokerage account finished the week with about $322 invested. As a result, this account is down -$13 from the previous week.

The little bit of bitcoin in my account finished the week with a little less than $22 invested. This relatively flat for the week.

This brings the total amount invested to about $131,419. As a result, the total amount invested dropped by -$3,874 this week. If you would like to see what I invest in, you can by clicking on “Portfolios” in the menu above.

Wrap Up

The total amount of dividends and options premium received this week was $195.91. This week I added to my WBD position which is now up to 88 shares. Just 12 more shares to reach 100 so I can sell covered calls. I also sold out of my position in IVR. I did not have a strong conviction in this position and felt the money could be better used in other positions. This week was also an active week in options trading. I am still learning and experimenting with options trading to find a strategy that works for me. That wraps it up for this week. Thanks for following along!

On a side note, I have added a Recommended Resources in the menu. This page currently is a work in progress that 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.

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