4 September, 2018 seen 162On August 22, 2018, I bought 27 shares of New Residential Investment Corp (NRZ ) at $18.47 per share. With its quarterly dividend payout of 0.5 dollars per share, this latest buy has a dividend yield of 10.82% and will pay me $13.5 every quarter. Awesome! NRZ has been on my stock watchlist for a couple of months already, first discovered on dividendquest.…
On August 5, 2019, I sold the following covered call selling: NRZ JAN 17 '20 16 Call @0.17
Selling covered calls are what I really like - like there is little to no risk involved.
Got for this trade a premium of $17, but I will be obligated to sell 100 shares of NRZ if the price will go up to $16 USD per share by JAN 17, 2019.
Break-even price: $16.17