WHAT WE DO? WE SELL OPTIONS FOR INCOME. WE USE THAT INCOME TO BUY DIVIDEND GROWTH STOCKS!
CHECK OUR TRADES ON OUR MeWe PAGE!


#002 Trades opened today

We have added a few more trades today to our accounts:
 

Bought 10 PPL shares @ 27.08
Roll 1 IWM Oct9 150 call to Oct23 152.50 call for 0.21 credit
 

We bought 10 more shares of PPL reaching our goal of 100 shares in our account #1. Now we will start accumulating AT&T (T) shares in this account and selling covered strangles against PPL.

We rolled our IWM trade higher as the market had large swings – the futures were almost 0.90% down, then we swung up to +1.70% and collapsed back to +0.22%… big intraday swings. It ultimately helped our IWM and we could stay in the trade without rolling but no one could know what the market would do next. So we rolled to be safe.

IWM trade
 

Bought 10 PBCT shares @ 10.34
Sold 1 PPL Nov20 30 call for 0.15 credit

We also added 10 more shares of PBCT stock to our holdings in our account #4 reaching 100 shares too. We can start selling covered strangles in this account too. We will now continue accumulating a PPL stock.

We also added a call to our PPL holding in account #4.

IWM trade

 





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