CUTR Dividend Type Payments
Although CUTR has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Cutera, Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Tue 4:16 PM ET):
Cutera, Inc. (CUTR) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
0.28 | 0.33 | 0.30 | +0.02 | 248K | - | 0.0B |
CUTR Dividend-Like Income Using Covered Calls
With CUTR at 0.30, 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% | 0.01 | 0.0 |
5% | 0.02 | 0.0 |
10% | 0.03 | 0.0 |
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 CUTR Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Dec 19 | 1.00 | 0.05 | 396 | 0.0 | 0.67 (223.3%) |
5% Yield On CUTR Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Dec 19 | 1.00 | 0.05 | 396 | 0.0 | 0.67 (223.3%) |
10% Yield On CUTR Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Dec 19 | 1.00 | 0.05 | 396 | 0.0 | 0.67 (223.3%) |
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Top 10 Open Interest For Dec 20 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | QQQ dividend | 1. | SAVA dividend | |
2. | SPY dividend | 7. | XLF dividend | 2. | HUT dividend | |
3. | EEM dividend | 8. | KWEB dividend | 3. | CRVS dividend | |
4. | FXI dividend | 9. | TLT dividend | 4. | ANAB dividend | |
5. | IWM dividend | 10. | AAPL dividend | 5. | CLSK dividend |
Want more examples? CUT Dividend | CUZ Dividend