On January 29, 2021, we bought additional 14 shares of Realty Income Corp. (NYSE:O ) paying $59.80 per share. 

With its monthly dividend of 0.23 cents per share, this latest buy has a dividend yield of 4.61% and will pay us an additional $3.22 every month (before tax).  Now, that's awesome!

To finance this purchase we spent one-fourth of our options income in the month of January, see January 2021 Options Income Report - $3,284.00

We now hold in total 64 shares of O, In total, they contribute about $152.32 (after tax) yearly to our dividend income portfolio.

Using dollar-cost averaging our average cost per one O share is $60.61

Also, O is one of the largest holdings now in our portfolio, taking 10.81% of it

If we had 100 shares of O today, we could sell February 19, 2021, covered call (monthly options) with a strike price of $62.5, to get a $0.35 premium. In case our shares would get called away on the expiry date we would realize $224 income in 19 days, that's a potential return of 3.69% since we started buying O.

It's planned to buy more O shares once a month until we will reach 100 shares. It looks like we might get there around April or May 2021.

36 shares to go!