Income Investor Plus

With capital preservation as our most important priority, we begin as always with a focus on index covered calls, which mitigate company specific risk.

Writing covered calls on ETFs, such as QQQs, is attractive to conservative investors who may not have the time to monitor a selection of companies on a watchlist and wish to avoid risks associated with trading specific companies, such as earnings surprises.

Invesco QQQ Trust

A February covered call on QQQ at strike $304.00 using 300 shares is offering an income potential of $1761. In March, a strike $304.00 covered call offers $3060 and in April, a strike $304.00 covered call offers $4218 in premium.

The annualized return by writing covered calls in February is 65.37%, in March is 32.57% and in April is 23.97%.

Chart for QQQ

SPDR® Dow Jones Industrial Avrg ETF Tr

A February covered call on DIA at strike $339.00 using 300 shares is offering an income potential of $1140. In March, a strike $340.00 covered call offers $1875 and in April, a strike $340.00 covered call offers $2685 in premium.

The annualized return by writing covered calls in February is 37.83%, in March is 17.59% and in April is 13.42%.

Chart for DIA

SPDR® S&P 500 ETF Trust

A February covered call on SPY at strike $410.00 using 300 shares is offering an income potential of $1770. In March, a strike $410.00 covered call offers $3099 and in April, a strike $410.00 covered call offers $4212 in premium.

The annualized return by writing covered calls in February is 48.45%, in March is 24.24% and in April is 17.51%.

Chart for SPY

eBay Inc

A February covered call on EBAY at strike $51.00 using 300 shares is offering an income potential of $219. In March, a strike $52.50 covered call offers $375 and in April, a strike $52.50 covered call offers $561 in premium.

The annualized return by writing covered calls in February is 49.11%, in March is 24.05% and in April is 19.19%.

Chart for EBAY

Alphabet Inc

A February covered call on GOOG at strike $104.00 using 300 shares is offering an income potential of $675. In March, a strike $105.00 covered call offers $1110 and in April, a strike $105.00 covered call offers $1575 in premium.

The annualized return by writing covered calls in February is 73.66%, in March is 34.72% and in April is 26.39%.

Chart for GOOG

Exxon Mobil Corp

A February covered call on XOM at strike $112.00 using 300 shares is offering an income potential of $555. In March, a strike $115.00 covered call offers $729 and in April, a strike $115.00 covered call offers $1215 in premium.

The annualized return by writing covered calls in February is 55.75%, in March is 20.78% and in April is 18.55%.

Chart for XOM

NOV Inc

A February covered call on NOV at strike $23.50 using 300 shares is offering an income potential of $270. In March, a strike $24.00 covered call offers $345 and in May, a strike $24.00 covered call offers $600 in premium.

The annualized return by writing covered calls in February is 133.06%, in March is 48.48% and in May is 33.49%.

Chart for NOV

Gilead Sciences Inc

A February covered call on GILD at strike $87.00 using 300 shares is offering an income potential of $339. In March, a strike $87.50 covered call offers $594 and in April, a strike $87.50 covered call offers $837 in premium.

The annualized return by writing covered calls in February is 44.13%, in March is 21.99% and in April is 16.47%.

Chart for GILD

HCA Healthcare Inc

A February covered call on HCA at strike $255.00 using 300 shares is offering an income potential of $1200. In March, a strike $255.00 covered call offers $2340 and in April, a strike $255.00 covered call offers $3900 in premium.

The annualized return by writing covered calls in February is 53.09%, in March is 29.67% and in April is 26.64%.

Chart for HCA

Hormel Foods Corp

A February covered call on HRL at strike $46.00 using 300 shares is offering an income potential of $105. In March, a strike $46.00 covered call offers $315 and in June, a strike $46.00 covered call offers $645 in premium.

The annualized return by writing covered calls in February is 25.55%, in March is 21.99% and in June is 13.87%.

Chart for HRL

Constellation Brands Inc

A February covered call on STZ at strike $232.50 using 300 shares is offering an income potential of $825. In March, a strike $235.00 covered call offers $1380 and in April, a strike $235.00 covered call offers $2490 in premium.

The annualized return by writing covered calls in February is 39.82%, in March is 18.91% and in April is 18.30%.

Chart for STZ

Starbucks Corp

A February covered call on SBUX at strike $106.00 using 300 shares is offering an income potential of $375. In March, a strike $110.00 covered call offers $381 and in April, a strike $110.00 covered call offers $753 in premium.

The annualized return by writing covered calls in February is 39.82%, in March is 11.42% and in April is 12.08%.

Chart for SBUX

Under Armour Inc

An April covered call on UA at strike $12.50 using 300 shares is offering an income potential of $90.

The annualized return by writing covered calls in April is 14.11%.

Chart for UA

Bank of America Corp

A February covered call on BAC at strike $36.50 using 300 shares is offering an income potential of $174. In March, a strike $37.00 covered call offers $234 and in April, a strike $37.00 covered call offers $408 in premium.

The annualized return by writing covered calls in February is 53.75%, in March is 20.50% and in April is 19.14%.

Chart for BAC

Franklin Resources Inc

A February covered call on BEN at strike $32.50 using 300 shares is offering an income potential of $150. In March, a strike $32.50 covered call offers $315 and in April, a strike $32.50 covered call offers $435 in premium.

The annualized return by writing covered calls in February is 52.43%, in March is 31.63% and in April is 23.33%.

Chart for BEN

Snap-on Inc

A February covered call on SNA at strike $260.00 using 300 shares is offering an income potential of $705. In March, a strike $260.00 covered call offers $1440 and in June, a strike $260.00 covered call offers $3540 in premium.

The annualized return by writing covered calls in February is 30.53%, in March is 17.78% and in June is 13.48%.

Chart for SNA

Stanley Black & Decker Inc

A February covered call on SWK at strike $95.00 using 300 shares is offering an income potential of $360. In March, a strike $95.00 covered call offers $780 and in April, a strike $95.00 covered call offers $1200 in premium.

The annualized return by writing covered calls in February is 43.80%, in March is 27.14% and in April is 22.39%.

Chart for SWK

CF Industries Holdings Inc

A February covered call on CF at strike $86.00 using 300 shares is offering an income potential of $735. In March, a strike $87.50 covered call offers $1050 and in May, a strike $87.50 covered call offers $1920 in premium.

The annualized return by writing covered calls in February is 97.22%, in March is 39.68% and in May is 28.77%.

Chart for CF

Dow Inc

A February covered call on DOW at strike $61.00 using 300 shares is offering an income potential of $201. In March, a strike $62.50 covered call offers $225 and in April, a strike $62.50 covered call offers $459 in premium.

The annualized return by writing covered calls in February is 37.50%, in March is 11.79% and in April is 12.87%.

Chart for DOW

MGE Energy Inc

A May covered call on MGEE at strike $75.00 using 300 shares is offering an income potential of $120.

The annualized return by writing covered calls in May is 1.97%.

Chart for MGEE

Duke Energy Corp

A February covered call on DUK at strike $105.00 using 300 shares is offering an income potential of $90. In March, a strike $105.00 covered call offers $285 and in April, a strike $105.00 covered call offers $570 in premium.

The annualized return by writing covered calls in February is 9.95%, in March is 8.80% and in April is 9.37%.

Chart for DUK

SBA Communications Corp

A February covered call on SBAC at strike $300.00 using 300 shares is offering an income potential of $1050. In March, a strike $300.00 covered call offers $2610 and in June, a strike $300.00 covered call offers $5370 in premium.

The annualized return by writing covered calls in February is 39.82%, in March is 28.36% and in June is 18.08%.

Chart for SBAC

AT&T Inc

A March covered call on T at strike $20.00 using 300 shares is offering an income potential of $111. In April, a strike $ covered call offers $165 in premium.

The annualized return by writing covered calls in March is 18.06% and in April is 14.25%.

Chart for T

Invest Wisely,

The Financhill Team

* Prices quoted were as of time of writing and may not be current.