03-26-2021, 10:17 AM
(03-26-2021, 09:58 AM)divmenow Wrote:(03-26-2021, 09:52 AM)I Yo Otter Wrote: Also, kudos to whomever bought the 4/1 $56 strike CAH covered calls I sold a few weeks back. Naturally the stock that has been flat/sideways for the past year decides to go straight up right after I sell some calls.The stocks that have been consolidating and have done nothing are the ones going up now. Even T is moving now
Need to figure out what to replace CAH with . . .Maybe the drug stocks are next to run.
The premiums on T were so low, it wasn't even worth selling covered calls. Adding to my T position substantially under $30 worked out quite well (for now). Looking forward to that next dividend.
I just know if I sell calls on my BMY, MRK, PFE, etc., that they will run 10% in the next week. So, have just been sitting on them. CAH has never been one of my favorite DGI stocks (low margins and small annual dividend increases for much of the past decade), so I'm not too bummed by finding something else to replace it with.