HOOD Options Trading

Over the past months, I've embarked on a journey through the twists and turns of HOOD options trading, I have been trying to hold on to my robin hood stocks. But its proving to be difficult.

1. October 24th: Rolled over a HOOD call option expiring on February 16, 2024, with a $9 strike price. The premium paid was $18.

2. December 20th, 2023: Rolled over a HOOD call option expiring on May 17, 2024, with a $9 strike price. The premium paid was $35.

3. February 21st, 2024: Rolled over a HOOD call option expiring on June 21, 2024, with an $8 strike price. The premium paid was $99.

4. March 19th, 2024: Rolled over a HOOD call option expiring on January 17, 2025, with an $8 strike price. The premium paid was $46.

5. April 2nd, 2024: Rolled over a HOOD call option expiring on January 16, 2026, with an $8 strike price. The premium paid was $93.

the premiums paid for each transaction:

Premium from October 24th: $18 Premium from December 20th, 2023: $35 Premium from February 21st, 2024: $99 Premium from March 19th, 2024: $46 Premium from April 2nd, 2024: $93

Total Premium = $18 + $35 + $99 + $46 + $93 = $291

So, the total premium collected from the options transactions was $291.

It seems like you're consistently rolling over your options positions, potentially indicating a strategy of maintaining exposure to HOOD over an extended period while adjusting the expiration dates. Each rollover involves selling the current option position and simultaneously buying a new one with a later expiration date. This strategy allows for the continuation of exposure to potential price movements while managing risk and cost.

Dividends: Barclays PLC and Iron Mountain Inc.

 Introduction:

In the world of investments, dividends play a crucial role in generating passive income for shareholders. They represent a portion of a company's earnings distributed to its shareholders. Recently, I received dividends from two companies, Barclays PLC and Iron Mountain Inc., and opted for reinvestment in one case. Let's delve into the details of these dividend transactions.

Dividend Received from Barclays PLC ADR: On April 3, 2024, I received a dividend from Barclays PLC ADR, each convertible into 4 ordinary shares, amounting to $31.39 in cash. This dividend reflects the company's commitment to sharing its profits with its shareholders, rewarding them for their investment in the company.

Reinvestment in Barclays PLC ADR: Opting for reinvestment, I decided to put the $31.39 dividend back into Barclays PLC ADR. By reinvesting dividends, I aim to enhance the growth potential of my investment portfolio. This strategy allows me to acquire additional shares without incurring additional costs, thereby increasing my ownership stake in the company over time.

Dividend Received from Iron Mountain Inc. Del Com: In another dividend transaction, I received $30.57 in cash from Iron Mountain Inc. Del Com. Similarly, this dividend represents the company's commitment to returning value to its shareholders.

Reinvestment in Iron Mountain Inc. Del Com: Choosing to reinvest, I allocated the $7.41 dividend back into Iron Mountain Inc. Del Com. Reinvesting dividends aligns with my long-term investment strategy, as it enables the compounding of returns and potentially accelerates wealth accumulation over time.

Conclusion: Dividends serve as a tangible reward for investors, reflecting the financial health and performance of the underlying companies. By strategically reinvesting dividends, investors can harness the power of compounding and strengthen their investment portfolios. My recent dividend transactions with Barclays PLC and Iron Mountain Inc. highlight the importance of dividends in generating passive income and fostering long-term wealth creation in the realm of investments.

Remember, while dividends can provide a steady stream of income, it's essential to conduct thorough research and assess the financial fundamentals of companies before making investment decisions.

LMT Dividend

 "Just received a dividend payout of $84.48 from LMT! 💰 Invested in the future while reaping the rewards in the present. #dividend #investing #LMT"

A Week of Dividend Rewards

 This week has been particularly fruitful, as I've reaped dividends from some of my key investments – $81.52 from Home Depot (HD), $31.01 from Schwab U.S. Dividend Equity ETF (SCHD), $19.75 from PepsiCo (PEP), and $46.75 from Broadcom Inc. (AVGO). Join me as I reflect on the significance of these dividends and the broader implications for my investment journey.

he dividends received this week from Home Depot, SCHD, PepsiCo, and Broadcom Inc. serve as a testament to the strength and resilience of my investment portfolio. By reinvesting these dividends and staying the course, I'm confident that I'm laying the foundation for a brighter financial future. Here's to continued growth, prosperity, and the power of dividends to shape our financial destinies.

Recurring BTC and ETH Purchases

 I have started a small recurring BTC/ETH purchases in my account

Investment: BTC
Amount: $19.81
Number of coins: 0.00028845
Average price per coin: $68642.9526
Frequency: Every day on 2024-03-17
Status: Filled on March 17, 2024 at 6:06PM ET

Investment: ETH
Amount: $14.85
Number of coins: 0.004061
Average price per coin: $3656.2200
Frequency: Every day on 2024-03-17

This day 5 of the recurring investment.

Day 72 Dividends Received

Received dividends from four different companies: Consolidated Edison Inc (ED), Flowers Foods Inc (FLO), Honeywell International Inc (HON), and The Hershey Company (HSY). Here's the breakdown:

1. Consolidated Edison Inc (ED) - Received $46.22
2. Flowers Foods Inc (FLO) - Received $37.43
3. Honeywell International Inc (HON) - Received $28.77
4. The Hershey Company (HSY) - Received $44.17

Day 71 Dividends Received

 Today is day 71 and i received following Dividend

DIVIDEND RECEIVED PRUDENTIAL FINANCIAL INC (PRU) (Cash)  +$30.04