Dividends and Options Trading Update July 2023

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.

Tickercall/putstrikeexp. datepremiumdate
VZc close37.57/7/23-$2.037/6/23
USB2 c36.57/21/23$20.847/6/23
MPWc close107/21/23-$8.037/7/23
MPWc cl roth107/14/23-$2.037/11/23
INFNp close57/21/23-$15.037/13/23
USB2 c close36.57/28/23-$415.367/21/23
USB2 c36.57/28/23$426.647/21/23
MPWc close107/21/23-$30.037/21/23
MPWc cl roth107/21/23-$32.037/21/23
MPWc close9.57/21/23-$78.687/21/23
MPWc roth107/28/23$40.327/21/23
USBc close36.57/28/23-$461.367/28/23
MPWc cl roth107/28/23-$32.037/28/23
MPWc roth108/11/23$61.327/28/23
MPWc cl roth9.57/28/23-$85.687/28/23
MPWc roth9.58/11/23$99.327/28/23
MPWc close9.57/28/23-$84.687/28/23

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.

Below is a list of a few businesses I use. Check out some these offers.

Up to 5% Savings Rate!
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I use Varo Bank for part of my emergency fund. From time to time the bank will run promotions. Currently, you can earn up to 5% on your savings with Varo, if you meet certain requirements. I got us both $30 from Varo.* Just open a Varo Bank Account using my link below, spend $20 on your new debit card, and we’ll both get paid. https://varomoney.com/r/?r=William360

Free Bitcoin!
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Lolli offers rewards in the form of bitcoin for shopping at a large variety of stores. I use Lolli when I shop on Chewy and I get bitcoin as a reward. Who doesn’t want free bitcoin! If you are interested in Lolli and want to help support the blog click my referral link: https://www.lolli.com/share/XP7gxDgqC4

Investing Made Easy
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I use M1 Finance for my taxable growth account. M1 Finance offers promotions for signing up. At the time of writing this post, the promotion is for $10 but will vary from time to time and could be up to $50. If you are interested in M1 Finance and want to support the blog here is my referral link: https://m1.finance/ktIiFeOI5zDr

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.

Published by Bill

I am just a blue collar factory worker trying to reach financial independence by spending less, earning more, saving and investing.

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