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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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Jacob Snyder
The Ox
To: The Ox who wrote (30618)7/15/2021 11:54:04 AM
From: robert b furman3 Recommendations  Read Replies (1) of 97302
 
Hi Ox and AJ,

Took advantage of the dip in oil and sold 10 November CVX 90's @ $2.76 (taxable account) and 10 November CVX 90's @ $ 2.79(IRA). If assigned net purchase price would be $87.24 and $87.21. Dividend yield would be 6.14% and 6.146%.

Put premium annualized 2.79/87.21/ .33 is 9.69%, better than a bank!

Getting CVX at a dividend yield greater than 6.00% has so far been almost a pandemic only opportunity.

We see.

Bob
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