Dividend Capture: Buy Shares, Sell a CC, Collect the Dividend

Buy 100 shares before ex-date, collect the dividend, sell a covered call, exit. Earn 1.5-3% in under two weeks.

How It Works

1. Find a stock going ex-dividend in 3-7 days under $150. 2. Buy 100 shares. 3. Sell CC one strike above. 4. Get called away or sell another CC.

SBUX Example

Buy 100 at $104.82. CC $106 strike: $147. Dividend: $62. Called away: $118 gain. Total: $327 = 3.1% in ~7 days.

Best Stocks

Under $150, liquid options, quarterly dividends, yield above 1%. PFE, BAC, KO, SBUX, NKE, T, VZ, INTC.

Profit Formula

Dividend × 100 + stock price × 1.2% × 100 + (strike - buy) × 100. Anima Options calculates this automatically.