Whirlpool is not in that category. Frankly, with the calls I have written (sold) on this stock my income runs about 6% per year.
http://www.themoneymadam.com/2019/03/whr-big-call-income.html
http://www.themoneymadam.com/2018/10/a-bit-oversold-on-whr.html
But, I have suffered through massive stock price changes. It has been a bumpy ride. Moreover, if you look at the previous calls, you can see the strike price today is lower than in previous calls. I really prefer to ladder up instead of down. But, I am still above my basis on this lot so I am actually hoping WHR is called away.
The table below shows why I am willing to have WHR called away (also known as assigned.) Revenues and dividends are growing but look at those earnings. EPS (earnings per share) have taken quite a hit. WHR wrote off over $9 per share in the second quarter of 2018.
WHR
|
2018
|
2017
|
2016
|
% Change
|
Revenue
|
$21,037
|
$21,253
|
$20,718
|
1.54%
|
EPS
|
-2.72
|
4.7
|
11.5
|
-123.65%
|
Dividends
|
4.6
|
4.4
|
4
|
15.00%
|
I sold this call today and it was snapped up quickly. As I call it, wringing more money out of Whirlpool.
M* MoneyMadam
Disclosure: Long WHR with calls