Dividends, Investing and Options Trading for Week Ending 05/20/22

The stock market continues to decline. The S&P 500 briefly fell to over 20% down for the year during intraday trading but rallied to finish just out of bear market territory. For the year, the S&P 500 is down over 18% while the NASDAQ is down over 28%. As a result, my accounts are down for week and the year as well. Let’s checking out my week of investing.

Dividends

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

• Texas Instruments Inc. (TXN) – $14.95
• Procter and Gamble Co. (PG) – $20.70

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

• Main Street Capital Corp. (MAIN) – $0.18
• STAG Industrial Inc. (STAG) – $0.13

All of the dividends received this week were reinvested into the underlying positions. For the week, I received a total of $35.96 in dividends.

Buys/Sells

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

• Vanguard Total Stock Market Index ETF (VTI) – 0.20 shares
• U.S. Bancorp (USB) – 0.25 shares
• Tractor Supply Co. (TSCO) – 0.20 shares

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

• American Tower Corp. (AMT) – 0.042 shares
• Amplify CWP Enhanced Dividend ETF (DIVO) – 0.433 shares
• Nationwide NASDAQ Risk Managed Income ETF (NUSI) – 0.223 shares
• Huntington Bancshares Inc. (HBAN) – 0.761 shares
• Innovative Industrial Properties Inc. (IIPR) – 0.075 shares
• Invesco NASDAQ Next Generation ETF (QQQJ) – 0.203 shares
• J.P. Morgan Equity Premium Income ETF (JEPI) – 0.267 shares
• Omega Healthcare Investors Inc. (OHI) – 0.348 shares
• Schwab U.S. Dividend Equity ETF (SCHD) – 0.066 shares
• Store Capital Corp. (STOR) – 0.385 shares
• Vanguard Growth ETF (VUG) – 0.021 shares

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

• Vanguard Total International Stock Market Index Fund – 2.1646 units
• DFA Commodity Strategy Portfolio – 1.1915 units
• Vanguard Total Bond Market Index Fund – 2.4207 units
• Vanguard Total Stock Market Index Fund – 8.9236 units

Options Trading

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

Closed positions

• General Motors Co. (GM) – bought a closing transaction on a covered call at a strike price of $43.00 with an expiration date of May 20, 2022. The premium received for this trade was -$1.03. I held this trade for 5 days for a profit of $7.48.
• Direxion Daily Semiconductor Bull 3X Shares ETF (SOXL) – bought a closing transaction on a covered call at a strike price of $30 with an expiration date of May 20, 2022. The premium received for this trade was -$5.03. I held this trade for about 22 days for a profit of $41.28.
• Verizon (VZ) – bought a closing transaction on 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 -$3.03. I held this trade for about 16 days for a profit of $6.43.

Opened positions

• General Motors Co. (GM) – sold a covered call at a strike price of $40.00 with an expiration date of May 27, 2022. The premium received for this trade was $14.31.
• Direxion Daily Semiconductor Bull 3X Shares ETF (SOXL) – sold a covered call at a strike price of $30.00 with an expiration date of June 10, 2022. The premium received for this trade was $29.31.
• Verizon (VZ) – sold a covered call at a strike price of $51.50 with an expiration date of May 27, 2022. The premium received for this trade was $7.56.

Expired positions

• Camping World Holdings (CWH) – a cash secured put at a strike price of $28.00 with an expiration date of May 20, 2022 expired in the money. As a result, 100 shares will be assigned to my account. I held this trade for about 7 days for a profit of $64.31.
• AT&T Inc. (T) – two covered call contracts at a strike price of $21.00 with an expiration date of May 20, 2022 expired out of the money. I held one contract for about 22 days and the other contract for about 18 days for a combined profit of $10.37.
• Warner Bros. Discovery (WBD) – a covered call at a strike price of $22.50 with an expiration date of May 20, 2022 expired out of the money. I held this trade for about 18 days for a profit of $25.31.

For the week, I received a total of $42.09 of options premium.

Account Updates

The Traditional IRA finished the week at about $113,961 invested. As a result, this account lost -$2,614 week over week.

The Roth IRA finished the week at about $2,998 invested. As a result, this account gained $49 week over week. A contribution of $100 was made to this account this week, so actually this account was down for the week.

The 401k finished the week at about $11,812 invested. As a result, this account gained $179 week over week. A contribution of $264 was made to this account this week, so actually this account was down for the week.

The taxable brokerage account finished the week at about $320 invested. As a result, this account lost -$11 week over week.

The little bit of bitcoin in my account finished the week a little above $16. As a result, this account finished the week flat.

This brings the total amount invested to about $129,107. As a result, the total amount invested decreased this week by -$2,397. You can see all of the positions in my portfolio by clicking “Portfolios” in the menu above.

Wrap Up

This week I received a total of $78.05 of income from dividends and options premium. I continue to ride out the downturn in the stock market. This week did not produce a lot of income. Even though it was a down week for income, that income was reinvested to create more income in the future. I continue to make my regular contributions to my accounts. As the stock market declines, I believe the best course of action is to stay invested and continue to dollar cost average into the markets. While it can be painful to see the account values drop, this downturn in the stock market will pass. 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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