stockpivot

AMGN Free $ 213 Devidend this week

Long
stockpivot Aktualisiert   
NASDAQ:AMGN   Amgen Inc.
Buy 100 Share at $ 263 and sell covered Call for $ 255 for 18 Aug and collect Premium $ 8.05

Devidend Ex date 17 Aug means stock must be purchased before 16 Aug and record date 18 Aug Devidend pay out Date: 8 th Sep

Outcome: We buy Share and get it assigned to Call buyer and we colelct devidend for Free

Q 2 Devidend is $ 2 .13 Per share

Every 100 Share you collect Free $ 213 while Downside protection of $ 805
Kommentar:
Just to Understand Share will be called away at $ 255 means $ 800 Loss on share

But we get $ 8.05 Premium from Call so transaction will be at Breakven

Dividend is free for holdig stok for 48 Hours = 213

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