Thursday, November 6, 2014

Qualcomm a quick trick for income QCOM

Buying QCOM today for a quick income trick.   If you own before November 26, you will receive their most recent quarterly dividend of $.42 in December.    Sell a December $70 call for about $1.50 and your income totals $1.92.  Based on today’s price of $68.75 and your immediate total yield is 2.79%.