TTT Dividend Type Payments

Although TTT has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on ProShares UltraPro Short 20 Year Treasury to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Thu 4:16 PM ET):

ProShares UltraPro Short 20 Year Treasury (TTT)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
63.31	63.79	63.50	+1.28	14K	-	0.4B

TTT Dividend-Like Income Using Covered Calls

With TTT at 63.50, 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%	1.91	0.5
5%	3.18	0.9
10%	6.35	1.7

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 TTT Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	64.00	2.70	58	4.7	0.21 (0.3%)
Nov 21	64.00	1.75	30	5.8	0.21 (0.3%)

5% Yield On TTT Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	64.00	2.70	58	4.7	0.21 (0.3%)
Nov 21	64.00	1.75	30	5.8	0.21 (0.3%)

10% Yield On TTT Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	64.00	2.70	58	4.7	0.21 (0.3%)
Nov 21	64.00	1.75	30	5.8	0.21 (0.3%)

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Top 10 Open Interest For Nov 21 Expiration				Top 5 High Yield
1.	IBIT dividend	6.	TLT dividend	1.	INBX dividend
2.	KVUE dividend	7.	HYG dividend	2.	UUUU dividend
3.	NVDA dividend	8.	EEM dividend	3.	CIFR dividend
4.	SLV dividend	9.	QQQ dividend	4.	DNUT dividend
5.	GLD dividend	10.	INTC dividend	5.	UPST dividend

Want more examples? TTOO Dividend | TTWO Dividend