monthly income plan

Covered Call Write on JP Morgan Chase (JPM)

Covered Call Recommedation on JP Morgan Chase (JPM) currently trading at $31.30. STRATEGY:  Look at the March 25 covered call. For each 100 shares of JP Morgan (JPM) stock you buy, sell one March 25 covered call option for a 29.40 (31.30 – 1.90) debit or better. That’s potentially a 5.4% assigned return in 32 days. Risk:   The technicals for …

Covered Call Write on JP Morgan Chase (JPM) Read More »

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.