The stock market market started the week by going up. Even after a down day on Friday the S&P 500 and NASDAQ finished the week slightly up. While it is nice to see an up week in the stock market I think there is more downside to come. There remains too much economic uncertainty with inflation still being high and rising interest rates. Regardless of what happens in the stock market, I am going to follow my plan and keep investing. Let’s check out my weekly update on dividends, investing and options trading.
Dividends
In the Roth IRA this week, the following dividends were received :
- Huntington Bancshares Inc. (HBAN) – $2.95
- J.P. Morgan Equity Premium Income ETF (JEPI) – $6.84
- J.P. Morgan NASDAQ Equity Premium Income ETF (JEPQ) – $3.98
All of dividends were reinvested back into the underlying positions.
The total amount of dividends received this week was $13.77.
Investing
I made following buys in the Traditional IRA this week:
- U.S. Bancorp (USB) – 0.25 shares
- Texas Instruments Inc. (TXN) – 0.10 shares
- Schwab U.S. Dividend Equity ETF (SCHD) – 0.10 shares
- Broadcom Inc. (AVGO) – 0.04 shares
In the Roth IRA, I made the following buys this week:
- Schwab U.S. Dividend Equity ETF (SCHD) – 0.59 shares
- Amplify CWP Enhanced Dividend ETF (DIVO) – 0.231 shares
- Medical Properties Trust Inc. (MPW) – 1 share
- J.P. Morgan NASDAQ Equity Premium Income ETF (JEPQ) – 0.474 shares
- J.P. Morgan Equity Premium Income ETF (JEPI) – 0.14 shares
- Digital Realty Trust Inc. (DLR) – 0.10 shares
- Crown Castle Inc. (CCI) – 0.10 shares
- American Tower Corp. (AMT) – 0.10 shares
The following buys were made in the 401k this week:
- Vanguard Total Bond Market Index Fund – 2.092 units
- Vanguard Total Stock Market Index Fund – 9.326 units
- DFA Commodity Strategy Portfolio – 2.734 units
- Vanguard Total International Stock Market Index Fund – 1.739 units
The following buys were made in the taxable brokerage account this week:
- ASML Holding NV (ASML) – 0.00596 shares
- PayPal Holdings Inc. (PYPL) – 0.01404 shares
- Amazon (AMZN) – 0.02005 shares
- Personalis Inc. (PSNL) – 0.33811 shares
- Alphabet (GOOG) – 0.02562 shares
- Teladoc Health Inc. (TDOC) – 0.07395 shares
- Block Inc. (SQ) – 0.05239 shares
- SoFi Technologies Inc. (SOFI) – 0.63119 shares
- Roku Inc. (ROKU) – 0.03093 shares
- Shopify Inc. (SHOP) – 0.07389 shares
- Meta Platforms Inc. (META) – 0.01455 shares
- Sea Ltd. ADR (SE) – 0.02283 shares
No sells were made this week.
Options Trading
The following options trades were made in the Traditional IRA this week:
Closed Positions
- No positions were closed this week.
Opened Positions
- Warner Bros. Discovery (WBD) – sold a covered call at a strike price of $13.00 with an expiration date of October 07, 2022. The premium received for this trade was $3.76 after fees.
- SoFi Technologies Inc. (SOFI) – sold a covered call at a strike price of $6.50 with an expiration date of October 14, 2022. The premium received for this trade was $1.86 after fees.
- AT&T Inc. (T) – sold a covered call at a strike price of $17.00 with an expiration date of October 14, 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 $17.00 with an expiration date of October 14, 2022. The premium received for this trade was $2.81 after fees.
- Verizon (VZ) – sold a covered call at a strike price of $41.00 with an expiration date of October 14, 2022. The premium received for this trade was $5.66 after fees.
Expired Positions
- SoFi Technologies Inc. (SOFI) – a covered call at a strike price of $7.00 with an expiration date of October 7, 2022 expired out of the money. I held this trade for about 11 days resulting in a profit of $2.81.
- Warner Bros. Discovery (WBD) – a covered call at a strike price of $13.00 with an expiration date of October 7, 2022 expired out of the money. I held this trade for about 5 days resulting in a profit of $3.76.
- Palantir Technologies (PLTR) – two covered calls at a strike price of $9.50 with an expiration date of October 7, 2022 expired out of the money. I held this trade for about 11 days resulting in a profit of $3.73.
This week I received a total of $17.85 in options premium.
Account Updates
The Traditional IRA finished the week at about $101,454. As a result, the account value increased by $784 from the previous week.
The Roth IRA finished the week at about $5,140. As a result, the account value increased by $102 from the previous week. This includes a contribution of $125.
The 401k finished the week at about $13,337. As a result, the account value increased by $497 from the previous week. This includes a contribution of $269.
The taxable brokerage account finished the week at about $417. As a result, the account value increased by $36 from the previous week. This includes a contribution of $25.
The little bit of bitcoin that I own finished the week at about $13. As a result, this is even with the previous week.
This brings the total amount invested to about $120,361. Week over week, the total amount invested increased by $1,419. 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 $31.62 this week. October is one of my slower months for dividends and the first week of the month started out following that trend. Options premium was down this week too. As always, I keep adding money to invest and reinvesting all of the income my accounts produce. 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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