April has come to an end so it is time for another update. This month was a good month for dividends received but not such a good month for options trading. Let’s take a look at how much dividends and options premium I received for April.
April turned out to be a pretty good month for dividends. Not as good as last month but still good with a significant year over year increase. For the month, I received a total of $405.57 in dividends. This is over a $150 increase over April 2022 when I received $242.90 in dividends.
Options premium received in April was a little better than March but still not great, totaling $266.39. Premium was hard to come by again this month for the positions I have been trading. Below is chart of all the options trades I made in made in April.
| VZ | c | 40 close | $38.83 | 4/6/23 | -$10.31 | 4/5/23 |
| VZ | c | 41 | $38.83 | 5/5/23 | $40.31 | 4/5/23 |
| USB | p | 34 | $34.28 | 4/21/23 | $59.31 | 4/14/23 |
| MPW | c roth | 10 | $8.77 | 4/28/23 | $2.81 | 4/14/23 |
| SCHD | c | 78 | $72.57 | 7/21/23 | $35.31 | 4/17/23 |
| USB | p | 34 close | $34.28 | 4/21/23 | -$97.68 | 4/21/23 |
| USB | p | 34 | $34.28 | 4/28/23 | $136.31 | 4/21/23 |
| USB | c | 40 | $34.28 | 5/19/23 | $4.71 | 4/24/23 |
| T | c | 19 | $17.67 | 5/19/23 | $2.81 | 4/24/23 |
| SOFI | p | 5 | $6.23 | 5/5/23 | $8.51 | 4/24/23 |
| PLTR | c | 10 | $7.75 | 5/19/23 | $20.83 | 4/24/23 |
| MPW | c roth | 10 | $8.77 | 5/19/23 | $6.61 | 4/24/23 |
| MPW | c | 10 | $8.77 | 5/19/23 | $13.23 | 4/24/23 |
| USB | p | 34 close | $34.28 | 4/28/23 | -$89.68 | 4/28/23 |
| USB | p | 34 | $34.28 | 5/5/23 | $133.31 | 4/28/23 |
The total amount of income produce from my accounts for April was $677.15. This includes dividends, options premium and interest. All of this income was reinvested back into the accounts.
Even though amount of income is small in the grand scheme of things, it is a start. As always, I will continue to invest and reinvest the dividends and options premium. Following this plan will allow the income from my accounts to grow. One day it will be enough to cover my expenses and allow me to retire. 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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