This week, we are doing a covered call analysis on Super Micro Computer (SMCI).
The stock price plummeted last month after the company’s auditor unexpectedly quit, but the stock has recovered some recently. In the meantime, volatility remains elevated.
If the rebound holds, this stock may be an interesting choice for a covered call.
We are looking at SMCI because there is a single stock covered call ETF from YieldMax, SMCY, which could be (or could not be) an interesting addition to the portfolio in my ETF Income Trader service.
New! Weekly Dividends
I just shared two new weekly paying dividend stocks with my ETF investors. Every week like clockwork you get dividends added to your account from these same two stocks... over and over and over. They’re part of an even larger portfolio filled with dividend-payers with yields upwards of over 100% and there are new ones added every month.
