Latest Stock Buy: Bought 2 AMZN shares at $123.83

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On September 20, 2022, we bought additional 2 shares of Amazon (NASDAQ: AMZN) paying $123.83 per share for our Partnership Fund.

We are now holding 4 shares of AMZN in our Partnership Fund portfolio

Using dollar-cost averaging our average cost per one AMZN share is $120.31

96 shares to go once we will be able to start selling covered calls and generate extra income from AMZN. We are looking to get there by April 2023

If we had 100 shares of AMZN today, we could sell October 21, 2022, covered call (monthly options) with a strike price of $125, to get a $4.8 premium. In case our shares would get called away on expiry we would realize $949 income in about 30 days, that's a potential return of 7.88%

If our options would expire worthlessly, we would pocket $480 or about 3.98% potential return in about 30 days, and start over by writing additional call options

About Amazon inc

Amazon.com, Inc. is an American multinational technology company that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It has been referred to as "one of the most influential economic and cultural forces in the world", and is one of the world's most valuable brands