Dividend Capture Watchlist for 13-7-2015

A combination of Greek and Chinese ‘frenzies’ have sent the market tumbling to an important support level – 205$. The panic also sent our market sentiment widget to a neutral trend (from bullish). The higher premiums are positive for our options-selling strategies, but if the market break this support level we might incur losses. This is why I deleveraged and bought some protective puts these past weeks. I’m still bull-oriented but I want to limit my risk. There will be time to add to the portfolio. I will keep a close eye on this dividend capture watch-list – if the markets hold I will quickly enter into the trades.

$SPY is on critical level
$SPY is on critical level – 205

Here is the current market sentiment trend:

Market Sentiment changed to neutral
Market Sentiment changed to neutral

We still feel that the dividend capture strategy will pay off – If market will move up – we will earn premiums and dividends, and if the markets will go down – we hold them to longer-term and will have more cash to re-enter the market. Similarly to previous weeks,  I’ll be focusing on great companies (6 and above) that have dividends yield of more than 2%

As a reminder: I’m looking to open positions in good companies that distribute dividends in the next 5-30 days. I’m selling covered calls on those stocks so I will profit from the dividend and the option premium. You can follow us on Twitter,  where we often publish more trade ideas.

The dividend capture watch-list:

Dividend Capture Watchlist 13-7-2015
Dividend Capture Watchlist 13-7-2015

Charts:

(7 Results. Charts are visible on site and not in email)


* Some great results: CL, PG, WMT

 

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