Dividends, Investing and Options Trading for Week Ending 5/6/22

Despite taking the week off work, I had a very busy week this week. This update is late due in part to spending a couple days in Northern Michigan on vacation. This vacation was much needed I enjoyed the time to relax and unwind. I also made some changes in my accounts this week. I removed many of the speculative positions in the Traditional IRA this week. Most of these positions were entered into as options trades. These trades were entered into mainly because I was chasing options premium. As a result, I was in several positions that I did not really want to be in. I decided to exit these positions and change my options trading strategy a little bit. Let’s check out the details for the week.

Dividends

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

• Verizon Communications Inc. (VZ) – $67.51
• AT&T Inc. (T) – $61.56
• J.P. Morgan Chase & Co. (JPM) – $8.16
• CVS Health Corporation (CVS) – $28.58
• Lowes Companies Inc. (LOW) – $12.28

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

• J.P. Morgan Equity Premium Income ETF (JEPI) – $4.05

All of the dividends received this week were reinvested into the underlying positions. For the week, I received a total of $182.14 in dividends.

Buys/Sells

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

• Warner Bros. Discovery Inc. (WBD) – 12 shares
• General Motors Co. (GM) – 80 shares
• Texas Instruments Inc. (TXN) – 1 share
• J.P. Morgan Chase & Co. (JPM) – 0.774 shares
• U.S. Bancorp (USB) – 1.426 shares
• Vanguard Total Stock Market Index ETF (VTI) – 0.349 shares

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

• J.P. Morgan Equity Premium Income ETF (JEPI) – 0.253 shares
• Nationwide NASDAQ 100 Risk Managed Income ETF (NUSI) – 0.22 shares
• American Tower Corp. (AMT) – 0.04 shares
• Amplify CWP Enhanced Dividend ETF (DIVO) – 0.41 shares
• Huntington Bancshares Inc. (HBAN) – 0.366 shares
• Innovative Industrial Properties Inc. (IIPR) – 0.068 shares
• NASDAQ Next Generation ETF (QQQJ) – 0.188 shares
• Medical Properties Trust Inc. (MPW) – 0.537 shares
• Schwab U.S. Dividend Equity ETF (SCHD) – 0.064 shares
• Store Capital Corp. (STOR) – 0.355 shares
• Vanguard Growth Index ETF (VUG) – 0.038 shares

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

• Vanguard Total International Stock Market Index Fund – 2.1451 units
• DFA commodity Strategy Portfolio – 1.1681 units
• Vanguard Total Bond Market Index Fund – 2.4445 units
• Vanguard Total Stock Market Index Fund – 8.3943 units

This week I made the following buys in the taxable brokerage account:

• Amazon (AMZN) – 0.00115 shares
• Shopify Inc. (SHOP) – 0.00734 shares
• Invitae Corp. (NVTA) – 0.31948 shares
• Invesco NASDAQ 100 ETF (QQQM) – 0.00935 shares
• CRISPR Therapeutics AG (CRSP) – 0.02128 shares
• ASML Holding NV (ASML) – 0.00659 shares
• Block Inc. (SQ) – 0.02517 shares
• PayPal Holdings Inc. (PYPL) – 0.01699 shares
• Sea Ltd ADR (SE) – 0.03265 shares
• Teladoc Health Inc. (TDOC) – 0.05899 shares
• Chewy Inc. (CHWY) – 0.06664 shares
• Pacific Biosciences of California (PACB) – 0.16102 shares
• Roku Inc. (ROKU) – 0.01621 shares

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

• Hyliion Holdings Corp. (HYLN) – 300 shares (closed out position)
• XL Fleet Corp. (XL) – 100 shares (closed out position)
• Winston Gold Corp. (WGMCF) – 1,000 shares (closed out position)
• Organigram Holdings Inc. (OGI) – 400 shares (closed out position)
• Genius Sports Ltd. (GENI) – 400 shares (closed out position)
• Tilray Brands Inc. (TLRY) – 100 shares (closed out position)

Options Trading

This week I made the following options trades in the Traditional IRA:

• Tilray Brands Inc. (TLRY) – bought a closing transaction on a covered call at a strike price of $7.00 with an expiration date of May 6, 2022. The premium received for this trade was -$2.03. This trade was held for about 6 days and resulted in a profit of $2.68.
• Tilray Brands Inc. (TLRY) – sold a covered call at a strike price of $7.00 with an expiration date of May 20, 2022. The premium received for this trade was $6.61.
• Hyliion Holdings (HYLN) – sold two covered calls at a strike price of $4.00 with an expiration date of May 20, 2022. The premium received for this trade was $11.33.
• HanesBrands Inc. (HBI) – sold a covered call at a strike price of $15.00 with an expiration date of May 13, 2022. The premium received for this trade was $9.46.
• Warner Bros. Discovery (WBD) – sold a covered call at a strike price of $22.50 with an expiration date of May 20, 2022. The premium received for this trade was $25.31.
• AT&T Inc. (T) – bought a closing transaction on 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 -$1.03. This trade was held for about 3 days and resulted in a profit of $3.68.
• 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 $5.66.
• Camping World Holdings (CWH) – sold a covered call at a strike price of $28.50 with an expiration date of May 06, 2022. The premium received for this trade was $79.31.
• Organigram Holdings (OGI) – bought a closing transaction on a covered call at a strike price of $5.00 with an expiration date of January 20, 2023. The premium received for this trade was -$6.03. This trade was held for about 286 days and resulted in a profit of $50.28.
• XL Fleet Corp. (XL) – bought a closing transaction on a covered call at strike price of $2.00 with an expiration date of May 20, 2022. The premium received for this trade was -$4.03. This trade was held for about 23 days and resulted in a profit of $13.28.
• Genius Sports Ltd. (GENI) – bought a closing transaction on 3 covered call contracts at a strike price of $5.00 with an expiration date of May 20, 2022. The premium received for this trade was -$28.09. This trade was held for about 34 days and resulted in a profit of $95.86.
• Verizon (VZ) – bought a closing transaction on 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 -$2.03. This trade was held for about 6 days and resulted in a profit of $5.53.
• Verizon (VZ) – sold a covered call at a strike price of $51.00 with an expiration date of May 20, 2022. The premium received for this trade was $9.46.
• Organigram Holdings (OGI) – bought a closing transaction on a covered call at a strike price of $2.50 with an expiration date of January 20, 2023. The premium received for this trade was -$18.03. This trade was held for about 78 days and resulted in a profit of $11.28.
• Organigram Holdings (OGI) – bought a closing transaction on two covered call contracts at a strike price of $3.50 with an expiration date of January 20, 2023. The premium received for this trade was -$20.06. This trade was held for about 188 days and resulted in a profit of $64.59.
• Genius Sports Ltd. (GENI) – bought a closing transaction on a covered call at a strike price of $5.00 with an expiration date of July 15, 2022. The premium received for this trade was -$34.03. This trade was held for about 41 days and resulted in a profit of $42.28.
• Tilray Brands Inc. (TLRY) – bought a closing transaction on a covered call at a strike price of $7.00 with an expiration date of May 20, 2022. The premium received for this trade was -$6.03. This trade was held for about 3 days and resulted in a profit of $0.58.
• Hyliion Holdings (HYLN) – bought a closing transaction on two covered call contracts at a strike price of $4.00 with an expiration date of May 20, 2022. The premium received for this trade was -$18.06. This trade was held for about 3 days and resulted in a loss of -$6.73.
• General Motors Co. (GM) – sold a covered call at a strike price of $43.50 with an expiration date of May 13, 2022. The premium received for this trade was $9.46.

For the week, I received a total of $17.15 in options premium.

Account Updates

The Traditional IRA finished the week with about $117,851 invested. As a result, this account is up $1,275 from the previous week.

The Roth IRA finished the week with about $2,980 invested. As a result, this account is up $72 from the previous week. When the $100 contribution made this week is factored in, the account is down for the week.

The 401k finished the week with about $11,778 invested. As a result, this account is up $187 from the previous. When the $264 contribution made this week is factored in, the account was down for the week.

The taxable brokerage account finished the week at about $338. As a result, this account is up $16 from the previous week. When the $25 contribution made this week is factored in, the account was down for the week.

The little bit of bitcoin in my account finished the week with just over $19 invested. As a result, this account is down about $3 from the previous week.

This brings the total amount invested to about $132,966. As a result, the total amount invested increased by $1,547 this week. You can see all the positions I am invested in by clicking “Portfolios” in the menu above.

Wrap Up

This week also seen some income from interest in the amount of $9.62. This results in a total amount of income this week of $208.91 from dividends, options premium and interest. As you can see above, I made some significant changes this week, mainly in my options trading strategy. I exited several speculative positions and entered into positions that I am more comfortable holding. While this more conservative approach will likely result in less options premium, it is an approach I am more comfortable with. I am still in the learning phase in investing and options trading and continue to refine my approach. That wraps it up for this week. Thanks for following along!

*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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