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.
8.15.22. MDT $95.38. b/w. Sold MDT 9.2.22 $95 calls for $2.41. If called, RoR= 2.41-.38=2.03/95.38= 42.6% ARoR. Delta .54. Probability of option expiring worthless with MDT out of the money below the $95 strike is 49%.
8.15.22. MDT $95.38. b/w. Sold MDT 9.2.22 $95 calls for $2.41. If called, RoR= 2.41-.38=2.03/95.38= 42.6% ARoR. Delta .54. Probability of option expiring worthless with MDT out of the money below the $95 strike is 49%.
MDT is one of Quality 50 dividend growers. https://seekingalpha.com/article/4532894-the-highest-quality-dividend-growth-stocks-in-2022?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A10