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

An April covered call on QQQ at strike $313.00 using 300 shares is offering an income potential of $2088. In May, a strike $313.00 covered call offers $3468 and in June, a strike $313.00 covered call offers $4509 in premium.

The annualized return by writing covered calls in April is 36.18%, in May is 27.48% and in June is 23.33%.

Chart for QQQ

SPDR® Dow Jones Industrial Avrg ETF Tr

An April covered call on DIA at strike $327.00 using 300 shares is offering an income potential of $1695. In May, a strike $330.00 covered call offers $2100 and in June, a strike $327.00 covered call offers $3270 in premium.

The annualized return by writing covered calls in April is 27.45%, in May is 15.67% and in June is 15.80%.

Chart for DIA

SPDR® S&P 500 ETF Trust

An April covered call on SPY at strike $402.00 using 300 shares is offering an income potential of $2154. In May, a strike $402.00 covered call offers $3570 and in June, a strike $402.00 covered call offers $4650 in premium.

The annualized return by writing covered calls in April is 28.88%, in May is 21.90% and in June is 18.57%.

Chart for SPY

eBay Inc

An April covered call on EBAY at strike $44.00 using 300 shares is offering an income potential of $324. In May, a strike $45.00 covered call offers $492 and in June, a strike $45.00 covered call offers $603 in premium.

The annualized return by writing covered calls in April is 40.31%, in May is 27.98% and in June is 22.32%.

Chart for EBAY

Alibaba Group Holding Ltd

An April covered call on BABA at strike $100.00 using 300 shares is offering an income potential of $1530. In May, a strike $100.00 covered call offers $2265 and in June, a strike $100.00 covered call offers $2910 in premium.

The annualized return by writing covered calls in April is 85.38%, in May is 58.47% and in June is 49.67%.

Chart for BABA

Chevron Corp

An April covered call on CVX at strike $162.50 using 300 shares is offering an income potential of $1050. In May, a strike $165.00 covered call offers $1455 and in June, a strike $165.00 covered call offers $1875 in premium.

The annualized return by writing covered calls in April is 35.23%, in May is 22.26% and in June is 18.67%.

Chart for CVX

EOG Resources Inc

An April covered call on EOG at strike $113.00 using 300 shares is offering an income potential of $990. In May, a strike $115.00 covered call offers $1500 and in June, a strike $114.20 covered call offers $2130 in premium.

The annualized return by writing covered calls in April is 47.93%, in May is 33.21% and in June is 31.05%.

Chart for EOG

McKesson Corp

An April covered call on MCK at strike $357.50 using 300 shares is offering an income potential of $2280. In May, a strike $360.00 covered call offers $3840 and in August, a strike $360.00 covered call offers $6930 in premium.

The annualized return by writing covered calls in April is 34.44%, in May is 26.62% and in August is 17.76%.

Chart for MCK

Gilead Sciences Inc

An April covered call on GILD at strike $82.00 using 300 shares is offering an income potential of $426. In May, a strike $82.50 covered call offers $813 and in June, a strike $82.50 covered call offers $1035 in premium.

The annualized return by writing covered calls in April is 28.25%, in May is 24.69% and in June is 20.47%.

Chart for GILD

Archer-Daniels Midland Co

An April covered call on ADM at strike $79.00 using 300 shares is offering an income potential of $540. In May, a strike $80.00 covered call offers $780 and in June, a strike $80.00 covered call offers $990 in premium.

The annualized return by writing covered calls in April is 36.98%, in May is 24.33% and in June is 20.14%.

Chart for ADM

Walgreens Boots Alliance Inc

An April covered call on WBA at strike $34.50 using 300 shares is offering an income potential of $213. In May, a strike $35.00 covered call offers $291 and in June, a strike $35.00 covered call offers $357 in premium.

The annualized return by writing covered calls in April is 33.64%, in May is 20.90% and in June is 16.68%.

Chart for WBA

Hasbro Inc

An April covered call on HAS at strike $52.50 using 300 shares is offering an income potential of $540. In May, a strike $52.50 covered call offers $825 and in July, a strike $52.50 covered call offers $1230 in premium.

The annualized return by writing covered calls in April is 56.97%, in May is 39.94% and in July is 27.41%.

Chart for HAS

Under Armour Inc

A July covered call on UA at strike $10.00 using 300 shares is offering an income potential of $90.

The annualized return by writing covered calls in July is 11.91%.

Chart for UA

Nasdaq Inc

An April covered call on NDAQ at strike $55.00 using 300 shares is offering an income potential of $315. In May, a strike $55.00 covered call offers $510 and in June, a strike $55.00 covered call offers $645 in premium.

The annualized return by writing covered calls in April is 31.42%, in May is 23.19% and in June is 19.13%.

Chart for NDAQ

T. Rowe Price Group Inc

An April covered call on TROW at strike $111.00 using 300 shares is offering an income potential of $1110. In May, a strike $115.00 covered call offers $1260 and in July, a strike $115.00 covered call offers $1980 in premium.

The annualized return by writing covered calls in April is 54.91%, in May is 28.27% and in July is 20.30%.

Chart for TROW

Snap-on Inc

An April covered call on SNA at strike $250.00 using 300 shares is offering an income potential of $795. In May, a strike $250.00 covered call offers $1680 and in June, a strike $250.00 covered call offers $1920 in premium.

The annualized return by writing covered calls in April is 17.62%, in May is 16.96% and in June is 12.57%.

Chart for SNA

Union Pacific Corp

An April covered call on UNP at strike $200.00 using 300 shares is offering an income potential of $1560. In May, a strike $200.00 covered call offers $2460 and in June, a strike $200.00 covered call offers $2940 in premium.

The annualized return by writing covered calls in April is 42.53%, in May is 30.77% and in June is 23.93%.

Chart for UNP

Vulcan Materials Co

An April covered call on VMC at strike $170.00 using 300 shares is offering an income potential of $1260. In May, a strike $170.00 covered call offers $2280 and in August, a strike $170.00 covered call offers $3930 in premium.

The annualized return by writing covered calls in April is 40.15%, in May is 33.49% and in August is 21.46%.

Chart for VMC

Dow Inc

An April covered call on DOW at strike $54.00 using 300 shares is offering an income potential of $369. In May, a strike $55.00 covered call offers $516 and in June, a strike $55.00 covered call offers $636 in premium.

The annualized return by writing covered calls in April is 37.29%, in May is 23.76% and in June is 19.04%.

Chart for DOW

The AES Corp

An April covered call on AES at strike $24.00 using 300 shares is offering an income potential of $105. In May, a strike $24.00 covered call offers $225 and in June, a strike $25.00 covered call offers $180 in premium.

The annualized return by writing covered calls in April is 23.96%, in May is 23.62% and in June is 12.11%.

Chart for AES

Dominion Energy Inc

An April covered call on D at strike $57.50 using 300 shares is offering an income potential of $165. In May, a strike $57.50 covered call offers $405 and in July, a strike $57.50 covered call offers $645 in premium.

The annualized return by writing covered calls in April is 15.87%, in May is 17.82% and in July is 12.87%.

Chart for D

Verizon Communications Inc

An April covered call on VZ at strike $38.50 using 300 shares is offering an income potential of $147. In May, a strike $39.00 covered call offers $243 and in June, a strike $40.00 covered call offers $216 in premium.

The annualized return by writing covered calls in April is 20.47%, in May is 15.39% and in June is 8.82%.

Chart for VZ

AT&T Inc

A June covered call on T at strike $20.00 using 300 shares is offering an income potential of $102.

The annualized return by writing covered calls in June is 8.41%.

Chart for T

Invest Wisely,

The Financhill Team

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