AGIO Dividend Type Payments
Although AGIO has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Agios Pharmaceuticals, Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Mon 3:45 PM ET):
| Agios Pharmaceuticals, Inc. (AGIO) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 35.07 | 35.11 | 35.09 | -0.67 | 405K | 3.3 | 2.1B |
AGIO Dividend-Like Income Using Covered Calls
With AGIO at 35.09, here's a table showing how big the annual "dividend" (i.e. total annual call premium received) would need to be to attain 3%, 5%, and 10% annual yields. Also shown is the equivalent number of cents/day necessary to achieve each yield:
| Annual Yield | Annual Premium | Cents/Day |
|---|---|---|
| 3% | 1.05 | 0.3 |
| 5% | 1.75 | 0.5 |
| 10% | 3.51 | 1.0 |
So now we need to find out of the money covered calls that pay at least the prescribed cents/day amount of time premium. That will generate income and, because they are out of the money, leave room for some upside potential on the stock. Here are some examples:
| 3% Yield On AGIO Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 15 | 35.00 | 0.75 | 5 | 12.8 | 0.00 (0.0%) | |
| Oct 17 | 35.00 | 4.20 | 68 | 6.0 | 0.00 (0.0%) | |
| 5% Yield On AGIO Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 15 | 35.00 | 0.75 | 5 | 12.8 | 0.00 (0.0%) | |
| Oct 17 | 35.00 | 4.20 | 68 | 6.0 | 0.00 (0.0%) | |
| 10% Yield On AGIO Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 15 | 35.00 | 0.75 | 5 | 12.8 | 0.00 (0.0%) | |
| Oct 17 | 35.00 | 4.20 | 68 | 6.0 | 0.00 (0.0%) | |
Want to increase dividends with covered calls? Sign Up For A Free Trial
| Top 10 Open Interest For Aug 15 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | TSLA dividend | 1. | HNRG dividend | |
| 2. | SLV dividend | 7. | GLD dividend | 2. | DLO dividend | |
| 3. | SPY dividend | 8. | AMZN dividend | 3. | CRML dividend | |
| 4. | IWM dividend | 9. | INTC dividend | 4. | AAP dividend | |
| 5. | IBIT dividend | 10. | QQQ dividend | 5. | MBX dividend | |
Want more examples? AGI Dividend | AGL Dividend
