July has come to an end so it is time for another update. Options trading was also really good this month. Let’s take a look at how much dividends and options premium I received for June.
For the month, I received a total of $459.68 in dividends. This is a huge increase over July 2022 when I received $233.85 in dividends. This is a whopping 96.6% increase year over year.
Options premium received in July was pretty good, totaling $442.13. Below is chart of all the options trades I made in July.
|MPW||c cl roth||10||7/14/23||-$2.03||7/11/23|
|USB||2 c close||36.5||7/28/23||-$415.36||7/21/23|
|MPW||c cl roth||10||7/21/23||-$32.03||7/21/23|
|MPW||c cl roth||10||7/28/23||-$32.03||7/28/23|
|MPW||c cl roth||9.5||7/28/23||-$85.68||7/28/23|
The total amount of income produce from my accounts for July was $1,078.04. This includes dividends, options premium, interest, and this month I got a little bit of income from the website. This is the first time I have had back to back months of over $1,000 of income.
While July was not a record setting month, it was still a good month. Producing over $1,000 of income in back to back months is a good sign. This is encouraging and let’s me know I am on the right path. 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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If you use the referral links listed above I could receive compensation. Please take the time to read the terms and conditions before signing up.