Writing calls after x-div

[william the wie]

Buying issues prior to X-div and then selling a call with an expiration date after x-div is something I am testing to see if it gives me structural leverage.

 

[MarathonMike]

Interesting. What is your sell strategy with the stock purchase?

 

[william the wie]

Interesting. What is your sell strategy with the stock purchase?

If it's high yield I don't really have one. (personal note food poisoning Thursday has kept me from posting much the past week.) beta less than one, yield in excess of 9% and the issue is the second or third lowest in its list I leave well enough alone. I use monthly and quarterly dividend lists and as long as it meets my criteria I keep reinvesting dividends when it stops meeting any one of my criteria I sell it. I am also going to review all research since Thursday to correct errors if any.