Eventhough the stock market is being crashed by Trump and his extreme measure and indeciseveness, I have received the notification of the payments for April.
The dividend expected will be around £1770, which is an increase from the last month.
This is translated to an yearly yield of 87%. It’s all thanks to the enourmous amount of volatility which is benefitial in covered calls strategy.
With this, I’ll be paying around £1400 of the loan. The additional £370 will be used to cover the minimum payments of the credit cards.
I suspect this month will be an equal volatile month which be translated in a nice yield too.