XIN

Covered Call on XIN - Potential income return 9.04% in 212 days

XIN dividend stocks
On June 17, 2020, we sold 1 covered call on XIN stock with a long expiry date in January 2021. For this trade, we got a $25 premium (before commissions). We established this covered just shortly we got assigned a put, see: Naked Put on XIN - Potential income return 5.04% in 22 days We have been holding XIN stock as a great dividend stock in our portfolio,…

Naked Put on XIN - Potential income return 5.04% in 22 days

XIN
On May 28, 2020, we sold 1 naked put on XIN stock with a strike price at $2.5 and get for that $0.126 premium (after commissions) We call these trades naked because we are trading on margin, in case of an assignment we will borrow from broker funds to finance the purchase.  XIN is a dividend stock we hold in our portfolio since October 2018, we rarely…