We have a strategy to use 50% of options trading proceeds to purchase dividend stocks. In this market many of the stocks in our watch list are a “buy”, so it is difficult to pick one (I wish we had more cash to accumulate them all).
Originally, I wanted to add AAPL but we were buying in December quite heavily and now it is our largest holding in our portfolio. Moreover, APPL will be reporting earnings tomorrow. It may drop, it may jump. I do not know. But I decided not to take the risk of unknown and wait on AAPL.
Thus we added Seagate (STX):
BTO 13 STX shares @ 43.23
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