Earn 1.5% every month by Selling cash covered put for Manulife down memory lane at January 25th 2022
I sell put on $Manulife(MFC)$ to B at strike price $18 x100 January 25th 2022 taking $0.24 x 100 as a premium means I give a contract to B that I obligated to buy it from B at $18 x100 within 4 weeks
Once the expiry of 4 weeks and the B dun sell me at $18 x100
Means the contract is nullified I get to walk awayaround 0.24 times x100 which is 1 contract
This summarize the trade between January to February around 30 days for Manulife
Do feature me for such detailed from memory lane @TigerStars @TigerEvents @TigerEvents @TigerStars @Daily_Discussion
Do like comment and Ask question . I will follow up with part 2 of memory lane from Feb to April for Manulife [Miser]
over all i summary that I am prepared to pay $18 -0.24 for 100 shares of Manulife and get 0.80 of dividend per year . In the end I bought 100 sharesof Manulife which is the best of my trades 🏑
To be continued for part 2
Above shows the earning per share
Below shows some hardworking and nice lookingagents
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Hahaha to take extra 100 shares