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AMGN Free $ 213 Devidend this week
Amgen Inc.
Long
AMGN Free $ 213 Devidend this week
By stockpivot
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Updated
Aug 14, 2023
1
Aug 14, 2023
Buy 100 Share at $ 263 and sell covered Call for $ 255 for 18 Aug and collect Premium $ 8.05
Devidend Ex date 17 Aug means stock must be purchased before 16 Aug and record date 18 Aug Devidend pay out Date: 8 th Sep
Outcome: We buy Share and get it assigned to Call buyer and we colelct devidend for Free
Q 2 Devidend is $ 2 .13 Per share
Every 100 Share you collect Free $ 213 while Downside protection of $ 805
Aug 14, 2023
Note
Just to Understand Share will be called away at $ 255 means $ 800 Loss on share
But we get $ 8.05 Premium from Call so transaction will be at Breakven
Dividend is free for holdig stok for 48 Hours = 213
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