### Weekly Trades: August 19th to 20th
In the span of just two days, I executed a series of well-calculated trades that not only enhanced my portfolio but also reinforced my long-term wealth-building strategy. These trades were focused on Palantir Technologies Inc. (PLTR), JPMorgan Equity Premium Income ETF (JEPI), and Broadcom Inc.$Broadcom(AVGO)$ (AVGO). Each of these plays was chosen for a specific reason—whether it be capitalizing on market volatility, capturing consistent dividend income, or strategically positioning for future growth. Let’s delve into the rationale behind these trades.
### Palantir Technologies Inc. (PLTR) 📊
I initiated a series of options trades with PLTR, selling and buying puts with strike prices ranging from $24 to $26. The objective here was simple: generate immediate income through premiums while keeping the potential to acquire shares at a favorable price. PLTR is a company I’m deeply familiar with, and its role in the AI and data analytics sector makes it a key player in the tech world. Selling puts allows me to potentially own more shares at a discount, all while earning a tidy profit if the options expire worthless. This week’s trades added a solid return to my portfolio, showcasing the effectiveness of this strategy$Invesco QQQ(QQQ)$
### JPMorgan Equity Premium Income ETF (JEPI) 💰
JEPI has been a cornerstone in my dividend-building strategy. This ETF is designed to provide high monthly income by investing in low-volatility stocks and selling options to enhance returns. This week, I increased my holdings in JEPI through fractional share purchases, solidifying my position in this income-generating powerhouse. JEPI’s consistent dividends are a reliable source of income, helping me achieve steady growth in my portfolio. Over the past year, this approach has yielded substantial dividends, contributing to my overall return of $650 from a modest initial equity of $3,500.
### Broadcom Inc. (AVGO) 💼
Lastly, I made a strategic move with Broadcom Inc. (AVGO), a company known for its strong dividend payouts and solid growth prospects. By selling a fractional share at a high price, I locked in profits while still maintaining a position in this tech giant. AVGO is a well-diversified company with exposure to multiple high-growth industries, making it a reliable long-term investment. The capital gains from this trade, combined with its generous dividend, further bolstered my portfolio’s performance.
### Building Wealth with Dividends and Strategic Trades 📈
In just a year, my disciplined approach to investing—focusing on high-quality dividend payers and strategically trading options—has yielded a return of $650 from an initial equity of $3,500. This represents a nearly 20% return, showcasing the power of focused, well-researched investments. By continually reinvesting dividends and capitalizing on market opportunities, I’m steadily building a portfolio that not only grows in value but also generates consistent income, ensuring long-term financial success.
Comments
Smart move with PLTR—using puts to potentially snag shares at a discount while earning income. That's how you play the options game
PLTR's a strong choice in AI—selling puts gives you upside whether the price drops or holds. Strategic thinking
JEPI for steady dividends—love the focus on consistent income! Building wealth one payout at a time. 💸