Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
1. Dividend Stocks
Much higher than last month due to SCHD quarterly dividends.
Total Dividend Income: $98.34
2. Option Trading
As the market recovered I was able to do covered calls without worrying that it will go over the strike price. But I had a few covered calls I did about a month ago that I didn’t expect the price to go 18 dollars over the strike price. Bad timing on my end, but I still made money.
Below is a breakdown of all the premiums I earned for the month:
- Covered Calls: $1,003
- Cash-Secured Puts: $539
- Credit Spreads: $0
- Early Option Close Out: $0
- Selling Profits: $2,279.87
3. High-Yield Savings
After selling our home at the end of this month I transferred all the money into my online savings account which was generating around 18 dollars a day. Also another big reason for the large amount is from my quarterly netspend accounts which provides 5% interest on up to $1,000.
- Total Income from High-Yield Savings: $221.10
4. Atlas Earth
No change compared to last month.
- Total Income from Atlas Earth: $28
5. Amazon KDP
Unfortunately my book business isn’t doing to well here. I managed to sell one coloring book.
- Total Income from Amazon KDP: $0.66
Total Passive Income For This Month
- Total Income from All Streams: $4,169.97
Here’s the full breakdown of my passive income for the month:
- Dividend Stocks: $98.34
- Option Trading: $3,821.87
- High-Yield Savings: $221.10
- Atlas Earth: $28
- Amazon KDP: $0.66
Final Thoughts:
I managed to make over $4,000 of passive income this month all because of a careless covered call I entered about a month ago. I didn’t think the market was going to recover at the rate it did. None the less I am happy about the money I made.
