Covered call on SDS
Did covered calls on SDS (double short S&P 500). Bought SDS at 35.86, sold March 34 calls at 2.37 for a net investment of 33.52. Extrinsic value is .48, so the max profit potential is .48/33.52 = 1.4%
DIA dividend History: 2005 — 2009
The data for the chart of DIA’s dividend history below is from SPDR’s website. If you would like the dividend history for another security, see this post.
Investing ideas for March: Oil, SPY, Dividend capture, VIX
Looking forward to some possibilities in March: Oil (EFT USO) — I’m bearish right now at 38. I will probably jump back in with covered calls if it drops to the 36 range. . SPY — I’m bearish now. Will probably jump back in with covered calls if SPY drops to around 106. . Monday March 1 — Ex-dividend date for most ETFs with monthly distributions …
Ex-Dividend Info: Alerian, iShares, PIMCO, Schwab, & SPDR ETFs
Below I have provided links to the 2021 website links for dividend distribution schedules for various Exchange Traded Product (ETP) providers. For historical dividend information, I recommend the Dividend Investor site. Alerian website link for dividend declaration, ex-dividend, record, and distribution dates (Fund Distributions, Current Year) Invesco website link with ex-dividend and pay information. iShares website link 1 , website link 2 for ex-dividend and pay …
Out of Oil and SPY
My USO position and my remaining SPY covered call positions were called this weekend, so I’m back to about 90% cash. Despite the scary stuff in the last couple of weeks, they ended up yielding their maximum profit potential. Oil looks expensive right now, so I wouldn’t be surprised to see a pull back there. The S&P 500 could certainly go higher with this …
