October 2021 Options Trading Income Report $686.8
The last October, we did a total of 42 trades / from which most were covered calls and credit spreads. We had to roll forward a few trades from the previous month.
In total, we managed to take $686.8 from options income during the month of October, which is well above what we excepted ($600)
Last October we were trading: UWMC, EEM, SDC, EWZ, DOW, PFE, WBA, SPCE, SESN, RIDE, INTC, WISH, FXI, FCEL, CAH, and JETS (in bold covered calls)
Last month we kept trading ETFs - EEM, EWZ, FXI, and JETS. This is the thing I see selling more in the future. As they say - and individual stock can go to zero, but not an ETF
Dividend income
Our dividend income portfolio’s value now is $13,450 (+$9,792), and it generates about $46.21 (+$32.66) in monthly dividend income. The current annual yield is about 4.12%
Here are all of our holdings (as of October 31, 2021)
We made a few larger investments using margin - bought 100 shares with dow to sell covered calls, and aggressively were increasing our position with WBA. Additionally started to acquire AAPL and BAC stocks. With AAPL and BAC, we hope to make nice gains in a year or something,
Trading plan for November 2021 (Option trades & Stock Buys)
This month we are going to reinvest our options income in the 5 following stocks - PFE, AWP, INTC, ARCC, and WBA. We will buy these stocks until at least 100 are reached to sell covered calls. Additionally, we will buy AAPL, BAC, and UWMC.
To finance some purchases we are using portfolio margin,
From covered calls/credit spreads - we are looking to take ~ $750 during the month of November
Subscriptions
At the end of October, we had
91 email subscribers (+30) for Covered Calls with Reinis Fischer newsletter
3 paying subscribers (for as low as $7/mo subscribers get access to extra content 1-2 per week)
49 subscribers (+4) for the YouTube channel.