Perpetual Income Update: Adding a Handful of Cash Payments Following September Expiration
This past Friday was expiration day for our September contracts. We're closing out four income trades — three of which gave us a profit. Expiration day allows us to close out income trades, freeing up capital for new income opportunities. And for other positions, expiration day leaves us with shares of stock that we want to own. Once we own these shares, we can collect more income from selling call contracts for them.
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