This week, we are doing a covered call analysis of Exxon Mobil (XOM). The stock price has been fairly range-bound this year.
However, volatility remains high enough to make covered calls attractive.
In fact, covered calls can pay over 20% in premium from calls for the year, compared to just around 3% for the standard dividend.
We are looking at XOM because there is a single stock covered call ETF from YieldMax called XOMO that could be (or could not be) an interesting addition to the portfolio in my new ETF Income Trader servic
New! High-Yield Weekly Dividends
WEEK is an interesting ETF but if you're looking for weekly dividends and high yield than you need to look at the three new high-yield weekly paying dividend ETFs I shared with my ETF investors. Every week like clockwork you get dividends added to your account from these same three 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.
