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Dorchester Center, MA 02124
Another month goes by and I am still not able to break the $2,000 mark. Again the stock market has been on a tear. Most of my covered calls have been getting executed, hence why I can’t do any rollovers covered calls. Here is a breakdown of my passive income for the month.
1. Dividend Stocks
This income went down nearly 170 dollar due to a really bad decision to sell GAIN stock. I was hoping this stock would go back down to around 11 or 12 dollars so I can purchase them again to have more share then I did before. But then the stock went up to nearly 15 dollars because they announced a special 54 cent dividend payout. I am currently slowing repurchase GAIN again.
Total Dividend Income: $69.88
- GAIN: 47.65
- GLAD: 4.72
- MAIN: 8.69
- O: 1.6
- FTHI: 1.31
- SCHD: 0
- MISC: 3.43
- Share Lending: 2.48
2. Option Trading
Most of my covered call with Nvidia and SOFI have been getting executed at expiration date. They are way above the strike price so it isn’t ideal to roll them over. I figured I would just let them get executed so I can turned it around and do put options. Hence my put options have been growing.
Below is a breakdown of all the premiums I earned for the month:
- Covered Calls: (NVDA, SOFI, LCID, CMG,CAVA) $885
- Cash-Secured Puts (SOFI): $804
- Credit Spreads (SOFI): $0
3. High-Yield Savings
My savings jumped nearly $34 dollars. Reason? I started a new temp job that is covering most of my expenses. The temp job will last around 6 to 12 months. So expect this to keep going up for the time being.
- Total Income from High-Yield Savings: $130.30
4. Atlas Earth
No change here yet. I am slowing converting cash for atlas cash to eventually purchase more virtual properties.
- Total Income from Atlas Earth: $20
5. Amazon KDP
I was really surprise to sell around 4 books this month. I didn’t get around to making more word search books because of my new temp job. We will see in the future if I will make anymore books.
- Total Income from Amazon KDP: $10.88
Total Passive Income For This Month
- Total Income from All Streams: $1,920.06
Here’s the full breakdown of my passive income for the month:
- Dividend Stocks: $69.88
- Option Trading: $1,689
- High-Yield Savings: $130.30
- Atlas Earth: $20
- Amazon KDP: $10.88
Final Thoughts:
Didn’t hit the $2,000 mark, but I’ll take what I can get. I am hopeful that next month I can turn things around once most of those covered calls get executed then I can do put options to continue generating income.
