TTWO Dividend Type Payments
Although TTWO has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Take-Two Interactive Software, Inc. 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):
| Take-Two Interactive Software, Inc. (TTWO) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 251.50 | 254.60 | 254.53 | -1.03 | 1.0M | - | 47B |
TTWO Dividend-Like Income Using Covered Calls
With TTWO at 254.53, 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% | 7.64 | 2.1 |
| 5% | 12.73 | 3.5 |
| 10% | 25.45 | 7.0 |
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 TTWO Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Nov 7 | 255.00 | 10.30 | 16 | 64.4 | 0.40 (0.2%) | |
| Nov 14 | 255.00 | 11.30 | 23 | 49.1 | 0.40 (0.2%) | |
| 5% Yield On TTWO Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Nov 7 | 255.00 | 10.30 | 16 | 64.4 | 0.40 (0.2%) | |
| Nov 14 | 255.00 | 11.30 | 23 | 49.1 | 0.40 (0.2%) | |
| 10% Yield On TTWO Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Nov 7 | 255.00 | 10.30 | 16 | 64.4 | 0.40 (0.2%) | |
| Nov 14 | 255.00 | 11.30 | 23 | 49.1 | 0.40 (0.2%) | |
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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? TTT Dividend | TU Dividend
