Mar. 19 at 5:49 PM
$ET
Wrote ITM covered calls March 9th
2–3% monthly = 24–36% annually.
Funny enough, the “boring” stocks often produce the best returns.
• Feb: 4%
• March: 2% (~2.5% if called away)
• April: 3–4% (setup dependent)
Plan:
If
$ET stays under ~
$19.50 by April →
• Buy shares again
• Sell next month’s calls (~2%)
• Collect ~1.5% dividend
If called away again… another ~4% month.
Rinse. Repeat.