Small and large investors in dividend stocks and ETFs can use covered calls and puts trades to generate monthly income from options premiums and options trading.
8.23.14. Williams Snoma (WSM) reported lower earnings and revenues and lowered guidance.
After the report, the stock soared more than $14.
I bought back my WSM 8.25.23 $121 puts for $0.10 per share. This reduced my premium income to $0.65 a share and left me with a 0.469% RoR, or 12.226% ARoR.
I don't know why the stock is up or where it is going. I just know that I no longer want to own it at $121 now.
8.23.14. Williams Snoma (WSM) reported lower earnings and revenues and lowered guidance.
After the report, the stock soared more than $14.
I bought back my WSM 8.25.23 $121 puts for $0.10 per share. This reduced my premium income to $0.65 a share and left me with a 0.469% RoR, or 12.226% ARoR.
I don't know why the stock is up or where it is going. I just know that I no longer want to own it at $121 now.