By Tom Dyson in DailyWealth:
"It's just incredible, Tom," writes a 12% Letter reader. "I've received 14% in income payments from Microsoft... and the stock hasn't done a thing."
I love receiving letters like this. It tells me word is getting out on the best income strategy in the world right now. The reader goes on...
I put up an initial investment of $38,450 for 2,000 shares of Microsoft. Then I sold call options against my position. I collected a 5.9% "dividend" and the calls expired worthless about a month later. I sold another round of calls. Got a 5.6% "dividend" for about two months on those. That round expired worthless, too.
Just sold another round that expires in a month. I received "only" $920 for those. I also received a $260 cash dividend this month. Total cash flow is $5,600. Love that 12% Letter cash machine!
My subscriber's trade is an excellent example of the opportunities available right now when you marry the world's best blue-chip stocks with…
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Income alert: A safe strategy that will yield over 15% this year