$SBUX

Covered-call buy-write. Bought 100 shares of Starbucks near $98.88 and sold the September 17, 2027 $100.00 call for about $12.45/share ($1,245) - net cost $86.00/share ($8,600). SBUX pays a 2.51% dividend (~$2.48/share); the covered call adds a ~$12.45/share downside buffer. Own it at an effective ~$83.52 by next September after dividends. Covered-call buy-write. Bought 100 shares of Starbucks near $98.88 and sold the September 17, 2027 $100.00 call for about $12.45/share ($1,245) - net cost $86.00/share ($8,600). SBUX pays a 2.51% dividend (~$2.48/share); the covered call adds a ~$12.45/share downside buffer. Own it at an effective ~$83.52 by next September after dividends.

$SBUX pays a 2.51% dividend ($2.48). Covered call adds a $12.45 downside buffer. Own it at $86.00 − $2.48 #SBUX #Dividends #DividendInvesting #CoveredCalls #OptionsIncome #PassiveIncome @writingcalls @DividendGrowth