01-05-2021, 03:45 PM
(01-05-2021, 03:15 PM)NilesMike Wrote: NICE! on the APD trade.We pursue a very similar return. If you pick your spots you can make a nice return on a stock that goes nowhere for a year. With valuations stretched I just can't get inspired in a 2% yield and a 30 PE unless I think the stock has some legs in the share price. The risk reward is just not there.
I am surprised ho low the volatility is on APD especially with earnings coming pretty soon.
You picked up the equivalent of nearly 2.5 dividend payments there. Very nice indeed!
On the divvy stocks that I have I try to get the equivalent of 12 dividend payments per year via options to augment the 4 the stock pays. Roughly 3X the dividend yield. And the fun of doing it.
Makes dividend stock investing a bit more interesting.
I sold my first KO put in awhile. Had to go out to FEB because I only want to pay $50 max for KO. I took a break because I am almost sure their next quarterly is going to be weak. Very reliant on their "keg" sales and that just can't be good with restaurants and bars throttled back again. KO is one I feel comfortable getting bold with when it gets in the bottom half of the trading range.