Selling puts on Vodafone shares for income
Vodafone shares are on many income seeker’s radars. They are exactly the sort of big boring dividend-paying telecoms company shares that form the bedrock of many income portfolios.
But did you know that there is a straightforward transaction that will bring in regular additional dividend-like payments? Selling cash-secured puts and it can easily boost the income from your boring old Vodafone shares into double figures.
Sceptical? I don’t blame you. But I can assure you that selling stock options on dividend stocks is a well known strategy to the financial elite and is widely practised by regular retail investors in the US and around the world. But, for various reasons, it has largely flown under the radar here in the UK. That’s a real shame as it could be exactly the investment technique you need to secure your financial future.
At FIRE Revolution we run very well regarded training programmes to teach you exactly how to sell cash secured puts — and their close relation, covered calls — on the big boring blue chip shares such as Vodafone. And I think it is fair to say that once folks learn these techniques, they never return to buying shares the traditional way ever again.
Watch this video to learn how, earlier today it was possible to sell a cash secured put on Vodafone that meant that an income investor had a chance to pick up Vodafone shares for 5p less than the 160.3p they were trading at.
Third Friday Ltd are not regulated by the Financial Conduct Authority and the FIRE Revolution training programme is purely educational in nature. Under no circumstances do we provide any financial trading or investment advice. Any examples used are for educational purposes only and should never be construed as advice. We accept no responsibility for any investment losses you may incur. Please consult a financial advisor or other qualified professional if you are in any doubt as to the suitability of the strategies we teach.