The week started off with the stock market continuing to trend down but then the end of the week saw the stock market rebound. Both the S&P 500 and NASDAQ finished the week up over 2%. While the market continues to be rocky this year, I continue to invest. Let’s check out my weekly update on dividends, investing and options trading.
Dividends
The following dividends were received the the Traditional IRA this week:
- Johnson & Johnson (JNJ) – $28.35
- Tractor Supply Co. (TSCO) – $13.54
- Microsoft Corp. (MSFT) – $15.66
The following dividends were received in the Roth IRA this week:
- J.P. Morgan NASDAQ Equity Premium Income ETF (JEPQ) – $5.25
- J.P. Morgan Equity Premium Income ETF (JEPI) – $7.54
All dividends were reinvested back into the underlying positions.
The total amount of dividends received this week was $70.34.
Investing
I made following in the Traditional IRA this week:
- U.S. Bancorp (USB) – 1.5 shares
- Tractor Supply Co. (TSCO) – 0.10 shares
- 3M Co. (MMM) – 0.10 shares
- Lowes Companies Inc. (LOW) – 0.10 shares
- Vanguard Total Stock Market Index ETF (VTI) – 0.10 shares
- Schwab U.S. Dividend Equity ETF (SCHD) – 0.25 shares
In the Roth IRA, I made the following buys this week:
- Store Capital Corp. (STOR) – 1 share
- Schwab U.S. Dividend Equity ETF (SCHD) – 1.20 shares
- Medical Properties Trust Inc. (MPW) – 2 shares
- J.P. Morgan NASDAQ Equity Premium Income ETF (JEPQ) – 0.50 shares
- J.P. Morgan Equity Premium Income ETF (JEPI) – 0.50 shares
- Digital Realty Trust Inc. (DLR) – 0.10 shares
- Amplify CWP Enhanced Dividend ETF (DIVO) – 1 share
- American Tower Corp. (AMT) – 0.10 shares
- Innovative Industrial Properties Inc. (IIPR) – 0.10 shares
In the 401k, I made the following buys this week:
- Vanguard Total Bond Market Index Fund – 2.538 units
- DFA Commodity Strategy Portfolio – 1.3295 units
- Vanguard Total Stock Market Index Fund – 8.6803 units
- Vanguard Total International Stock Market Index Fund – 2.3304 units
No sells were made this week.
Options Trading
The following options trades were made in the Traditional IRA this week:
Closed Positions
- Scotts Miracle-Gro (SMG) – a cash secured put at a strike price of $75.00 with an expiration date of September 16, 2022 was assigned to me after the closing of the market on September 07, 2022. This trade was held for about 17 days resulting in a profit of $309.31.
Opened Positions
- Warner Bros. Discovery (WBD) – sold a covered call at a strike price of $14.50 with an expiration date of September 16, 2022. The premium received for this trade was $1.86 after fees.
- SoFi Technologies Inc. (SOFI) – sold a covered call at a strike price of $7.00 with an expiration date of September 16, 2022. The premium received for this trade was $3.76 after fees.
- Verizon (VZ) – sold a covered call at a strike price of $43.00 with an expiration date of September 9, 2022. The premium received for this trade was $4.71 after fees.
- AT&T Inc. (T) – sold two covered calls at a strike price $18.50 with an expiration date of September 16, 2022. The premium received for this trade was $3.73 after fees.
- Scotts Miracle-Gro (SMG) – sold a covered call at a strike price of $65.00 with an expiration date of September 16, 2022. The premium received for this trade was $14.31 after fees.
Expired Positions
- SoFi Technologies Inc. (SOFI) – a covered call at a strike price of $7.50 with an expiration date of September 9, 2022 expired out of the money. I held this trade for about 12 days resulting in a profit of $4.71.
- Verizon (VZ) – a covered call at a strike price of $43.00 with an expiration date of September 9, 2022 expired out of the money. I held this trade for about 4 days resulting in a profit of $4.71.
- Palantir Technologies Inc. (PLTR) – two covered calls at a strike price of $9.50 with an expiration date of September 9, 2022 expired out of the money. I held this trade for about 11 days resulting in a profit of $5.63.
This week I received a total of $28.37 in options premium.
Account Updates
The Traditional IRA finished the week at about $113,081. As a result, the account value increased by $2,337 from the previous week.
The Roth IRA finished the week at about $5,090. As a result, the account value increased by $387 from the previous week. This includes a contribution of $150 made this week.
The 401k finished the week at about $13,915. As a result, the account value increased by $549 from the previous week. This includes a contribution of $269 made this week.
The taxable brokerage account finished the week at about $445. As a result, the account value increased by $28 from the previous week.
The little bit of bitcoin that I own finished the week at about $14. As a result, this increased by $1 from the previous week.
This brings the total amount invested to about $132,545. Week over week, the total amount invested increased by $3,302. You can see all of the positions in my portfolio by clicking “Overall Portfolio” in the menu above.
Wrap Up
The combined income from dividends and options premium totaled $98.71 this week. September is a big month for dividends for me. Dividends will trickle in throughout the month with some big payouts at the end of the month. Options premium continues to be inconsistent. I was surprised that my put on SMG was assigned more than a week early. While I was surprised by the early assignment, I was planning on taking assignment anyway. As a result, I get to start selling covered calls earlier than expected. 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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