For subscribers to the Get Rich Monthly Income Plan, the monthly covered call trades all provided positive income from the selling of call option. One of the better trades was FedEx (FDR) as the setup is shown below. The covered call trade used a strike price of 120 as the stock closed well above this …
Constellation Brands (STZ), together with its subsidiaries, produces and markets beverage alcohol. The stock was reiterated with a Buy rating by analysts at Stifel Nicolaus. The firm raised its price target on the stock to $69 from $64. STZ Thursday posted better-than-expected Q2 results and said for FY 2014 it expects EPS of $2.80 to …
Investors seeking income in this volatile market can still sell covered call trades for both income and downside protection. In the past month, the S&P 500 produced a return of 0.73%. However, subscribers to the Get Rich Monthly Income Plan made off with a 4.7% return by trading a covered call on United Rentals (URI). …
Investors looking for a regular helping of special dividends should consider HollyFrontier Corporation (NYSE: HFC). The company just announced its 8th special dividend since August 2011. In addition, HFC just juiced its regular dividend by 50%. Subscribers to my Get Rich Monthly Income Plan received $31.00 per share in dividends in 2012 with a yield …
HFC pays 8th Special Dividend and Boosts Regular Dividend by 50% Read More »
For the year 2012, we had some impressive investment returns. The Monthly Income Perpetual Covered Call Portfolio easily surpassed both the S&P 500 and PowerShares S&P 500 BuyWrite Portfolio (PBP). The table below displays the investment returns for each of the Perpetual Covered Call positions. The average monthly return was 6.2%! We had exceptional returns …
CVS Caremark Corp.’s (NYSE: CVS) third-quarter profit rose 16% on a strong performance for the company’s pharmacy-benefits-management business, while the drugstore chain also struck a bullish tone about clients it gained after a dispute between two rivals. Overall, CVS Caremark reported a third-quarter profit of $1.01 billion, or 79 cents a share, up from $868 million, or 65 cents a share, …
CVS has Blockbuster Quarterly Earnings – Subscribers up 55% YTD Read More »
Expectations for the third quarter earnings were dismal, with forecasts for a decline in profits from a year ago. But a recent flurry of high-profile reports has investors scowling at the weak revenue numbers, adding to worries about the state of the U.S. economy and the outlook for corporate America. IBM, General Electric and Microsoft …
How to Make Monthly Income in a Sideway Moving Market Read More »
As we approach the end of the August option expiration cycle, the Get Rich Monthly Income Plan had a great month for investors. In January, we kicked off the perpetual covered call strategy. For those who are new to this concept, let me share the rationale of this income investment. This strategy was created to …
Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. It operates in two segments, Upstream and Downstream. CVX has an equity score of 9.6 (VERY BULLISH) out of a 10. This is a covered call position on Chevron Corp (CVX), OPTION STRATEGY: Look at the June 95 covered …
American Tower Corporation (AMT) is a holding company. It is a wireless and broadcast communications infrastructure company that owns, operates and develops communications sites. Its primary business includes leasing antenna space on multi-tenant communications sites to wireless service providers and radio and television broadcast companies. This business is its rental and management operations. The Company also …
