Dividend flipping is a strategy that’s I rarely see on Twitter.
My two favorite for doing so are QYLD (12.36% annual) and ALTY (7.88% annual).
They have MONTHLY payouts and sideways movement making them easy to get out of. Here are their details and div calendars.
My only real position rn is ORGN.
I have some shares with a high 9 average, and sold a 7.5P cash secured put on it. I can’t lose much on this for two reasons:
- I wouldn’t mind having 100 shares at 7.5 if it dumps
- If it pumps I can close my position and sell my shares.
Here’s a beautiful MS Paint Dividend distribution chart with some supplemental data that I feel some of you might appreciate.
Whether you’re investing or flipping, this chart should be helpful in one way or another.
Memes and leaps spiked today. I sold most of my swing positions and those I didn’t, I set my stops for at a place where I’d still be in profit.
Not sure what the market will do tomorrow after such a run with retail picks, so I’d rather secure my profit and monitor tomorrow.
One of the biggest things that saves me for losing to greed is raising my stop order as my position goes up in value.
@Montana_Trades coming up with an in depth write up on this for the server. Don’t miss it 😎
“Easy” scalping again with @DrLecterTrades@Ignatiustrader and @father_swole
Quotes around because market open had me shaky and they gave some great insight.
DKNG: +14% and it climbed after I closed
Swinging FSR 6/18 15C and closing 5/28 12.5C today