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Thursday, 01/23/2020 6:06:07 PM

Thursday, January 23, 2020 6:06:07 PM

Post# of 80
Hybrid dividend capture play so far so good with HP today. Goal was to buy on a dip and then turn around and sell a February call at about twice the value of the dividend. Option expires in 4 weeks, but the dividend comes in two. With a yearly yield of around 6.6%, scoring the equivalent of 3 dividends works out to about 5% in one month's time.

Still a lot of risk with this one, as this last week has shown.

PS This is not Hewlett Packard. That would be HPE, which also had a big bounce today.

My new goal in life is to be interviewed by Chantel Elloway. When that happens, my comments will be story, observation, opinion, maybe even enthusiasm. What I say will never be instructions on how you should risk your money. Same goes for these posts.

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