Back on November 17, investors may recall I setup an in-the-money covered calls trade to benefit from the $10 special dividend Costco announced for those investors of record on Dec 2 and a payout on Dec 11.
With the stock and options now adjusted for this dividend, here are the next trades planned and entered to continue to profit from the special dividend going forward.
The rest of this trade alert and ideas article is for FullyInformed Members.
Costco Stock Trade Alert – Profiting From The Special $10 Dividend – Next Steps – Dec 3 2020
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.