2 Trades with MPW

I haven’t been trading but a few weeks ago I did post that I bought 2 high dividend stocks. 1 was VFC and the other was MPW. In that post I bought 400 shares of MPW. Yesterday I bought an additional 400 shares giving me a total of 800 shares. The first 400 shares I bought at $10.95 and yesterday I paid $12.20. My average price is $11.57. If the dividend stays the same I well receive my dividend in the second week of April. The Pay Date was not announced yet. With my cost my dividend will be 10%.

1/26/23 Buy 400 Shares MPW @ $12.20

 

Today I also did a 5 contract Covered Call with MPW. I bought 500 shares at $12.48 and sold a 2/3/23 $13  5 contract call for a premium of 25¢ for a total premium of $125. If I get assigned I’ll make 52¢ on the stock sale for another $260.

Buy 500 Shares MPW @ $12.48

Sell to Open 5 MPW 2/3/23 $13.00 C @ 25¢ (+$125)

This Covered Call get a Risk Factor of 1.

 

Successful Trading,

Steve

The Options Coach