WHAT WE DO? WE SELL OPTIONS FOR INCOME. WE USE THAT INCOME TO BUY DIVIDEND GROWTH STOCKS!
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Archive for October, 2020

Posted by Martin October 12, 2020

Another parabolic craziness

The stock market, fuelled by hopes and wishes about more stimulus and more free money poured into the system, is going crazy. And the market loves free money and wants more of it.     As a dividend growth investor, I do not mind this behavior. There are still companies that are undervalued even in Continue reading →

Posted by Martin October 07, 2020

Why do so many people selling puts fail?

Maybe, you are one of the people who got excited and started selling put contracts against stocks or even dividend stocks and failed. I was there too. I was selling as a hell. I was selling puts a lot. And I failed too. Many times. I lost tons of money selling puts. Then the puts Continue reading →

Posted by Martin October 06, 2020

Where Do You Keep Your Money In The Current Low Interest Environment?

I mentioned this topic in my previous post. But since then I developed this “cash storing” a bit beyond the original post. In the older post, I mentioned that I was buying a short-term bond ETF which was able to keep the value consistently over time. Even during the 2020 stock market slump, it dropped Continue reading →

Posted by Martin October 05, 2020

#004 Trades opened today

We have added a few more trades today to our accounts:   Bought 1 SPY Jan20 2023 (LEAPS) 335 call for -44.30 debit Sold 1 SPY Oct 9 (weekly) 348 call for +0.42 credit   We completed our goal in our account and saved enough buying power to buy LEAPS against the SPY index (3 Continue reading →

Posted by Martin October 05, 2020

Stocks to accumulate in October 2020

Our September accumulation was a great success. We have reached 100 shares accumulating a few of the positions such as PPL, PBCT, and now we will be accumulating more shares of other companies such as AT&T (T), Altria (MO), or Tyson Foods (TSN). There are still good companies which are undervalued even in this overvalued Continue reading →

Posted by Martin October 01, 2020

#003 Trades opened today

We have added a few more trades today to our accounts:   Sold 1 PPL Nov20 30 call for +0.22 credit Bought 1 T shares @ 28.50 Bought 1 ICSH shares @ 50.55 Sold 1 TSN Oct16 63.5 call for +0.25 credit Bought 1 T shares @ 28.52   Since we have reached 100 shares, Continue reading →