CPER Dividend Type Payments

Although CPER has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on United States Copper Index Fund ETV to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 4:16 PM ET):

United States Copper Index Fund ETV (CPER)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
26.93	27.22	27.11	-0.07	62K	-	0.0B

CPER Dividend-Like Income Using Covered Calls

With CPER at 27.11, 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%	0.81	0.2
5%	1.36	0.4
10%	2.71	0.7

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 CPER Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Nov 15	28.00	0.50	57	0.9	0.78 (2.9%)
Oct 18	28.00	0.25	29	0.9	0.78 (2.9%)

5% Yield On CPER Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Nov 15	28.00	0.50	57	0.9	0.78 (2.9%)
Oct 18	28.00	0.25	29	0.9	0.78 (2.9%)

10% Yield On CPER Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Nov 15	28.00	0.50	57	0.9	0.78 (2.9%)
Oct 18	28.00	0.25	29	0.9	0.78 (2.9%)

Want to increase dividends with covered calls? Sign Up For A Free Trial

Top 10 Open Interest For Oct 18 Expiration				Top 5 High Yield
1.	NVDA dividend	6.	SLV dividend	1.	RLAY dividend
2.	IWM dividend	7.	GLD dividend	2.	LUNR dividend
3.	SPY dividend	8.	TLT dividend	3.	MARA dividend
4.	QQQ dividend	9.	EEM dividend	4.	CPRI dividend
5.	HYG dividend	10.	AAPL dividend	5.	MBLY dividend

Want more examples? CPB Dividend | CPF Dividend