Month: August 2011

List of Monthly Income Stocks

Below is an updated list of CEFs with monthly dividend income as of August 29, 2011.  there are 12 monthly income stocks shown in the table.  However, many are still trading at a premium price to their net asset value.  The VIX is still at 40 as the market opens today.    

Free Covered Call Trades for September 2011

Stock futures pointed to a higher open this morning after an optimistic speech by Fed chief Ben Bernanke last week extended investors’ hopes for further stimulus measures by the Fed. Hurricane Irene hit the east coast but largely spared New York City. Major U.S. exchanges will all be open as normal for trading. Since workers from the outlying …

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Risk-On Relief Rally with Amazon Covered Call

After another large decline last Thursday, equities  along with other “risk-on” assets appear poised for a relief rally that could  come early in the week as the markets begin anticipating and debating what  Federal Reserve Chairman Ben Bernanke may deliver in his Friday speech. It was  in last year’s speech from Jackson Hole when the …

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Monthly Income Investment Using Covered Call Trade on Deere and Company (DE)

Deere is currently trading at $73.83 and is rated a buy with 4 stars by S&P.  This is setting up nicely for a monthly income investment with a deep-in-the-money covered call. Strategy:  Look at the September 70 covered call. For each 100 shares of Deere (DE) stock you buy, sell one September 70 covered call …

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