A popular investing strategy focused on buying the highest yielding stocks among a select group of blue chips each year is a proven long-term winner. This year’s dogs look ready to run.
For the buy write, if you earn the dividend and if Dow closes above $51 on December 1, you would earn $3.05 per share on $48.65 at risk for a total return of 6.27%. Over a 38-day holding period, that would be an annualized return of 60.2%.
For the buy write, if Dow closes on October 20 above $52, you would earn $1.00 per share on $51.00 at risk for a total return of 1.96%. Over a very short 10-day holding period, that would be an annualized return of 71.5%.
Dow and X-Energy Reactor Company, LLC announced today that Dow has selected its UCC1 Seadrift Operations manufacturing site in Texas for its proposed advanced small modular reactor nuclear project.