Pick good undervalued dividend stocks with active and liquid stock options that can be used to generate weekly and monthly income by selling covered calls and puts options.
IBM beats on EPS and revenues. Stephanie Link sold some IBM last week. If it dips, she'll buy those shares back, she says on CNBC. Strong dollar a head wind. IBM re-affirms guidance for 2022.
Historically, IBM dips on earnings, then bounces. It's down $5.50 after hours. It usually moves with the markets. Beta .9363.
Hi Don. Great suggestions. I have already sold a few PUTS on these, but added a few more of your suggested names.
I have been running my PUTs through the Options Play calculator. It's not always perfect in this market, but I have found it to be a decent gauge.
IBM $130.13. Sold IBM 8.19.22 (delta -.10) $115 (MOS 11.6%) puts for $0.63 a share. RoR 0.484%, ARoR 5.7%. Dividend Yield 5.08%. Ex Dividend about 8.9.22. M* 2*; CFRA 3*. Reuters hold. M* FVE $126. Valuentum* FVE $137 ($110 to $164 scenario range). PnF price objective $181. Valuentum rates dividend cushion "solid" and safety "Good".
IBM beats on EPS and revenues. Stephanie Link sold some IBM last week. If it dips, she'll buy those shares back, she says on CNBC. Strong dollar a head wind. IBM re-affirms guidance for 2022.
Historically, IBM dips on earnings, then bounces. It's down $5.50 after hours. It usually moves with the markets. Beta .9363.
Hi Donald. Excellent strategy.