Trades

Our existing call, VZ251226C42, has expired worthless and Royal Dividends is $44.59 richer for it. It is time to rinse and repeat.

Sell to Open (GTC): One March 20, 2026 $43.00 Call Option [Symbol: VZ260320C43]

Limit Order Price: Credit of $0.50 per share

Barring any unforeseen developments, this will process at market open on Monday morning. Depending on one’s commission rate this will bring in at least $49.00. I expect $49.59 to land in the Royal Dividends account.

This week, six of the portfolio holdings ranked in the Top Ten.

Ticker	Account Value
BDX	3,716.21
CMCSA	2,424.74
HTO	3,377.55
PEP	2,222.40
PPG	3,388.44
VZ	7,048.14

The lowest amount belongs to PEP which last traded at $148.16. Therefore, I will acquire 2 shares on Monday. See the post from 2025-12-07 for a more in-depth look at PEP. Below, is the purchase history and average cost calculation.

This week, six of the portfolio holdings ranked in the Top Ten.

Ticker	Account Value
BDX	3,816.91
CMCSA	1,960.56
HTO	3,384.45
PEP	2,259.75
PPG	3,416.82
VZ	7,237.53

The lowest amount belongs to CMCSA which last traded at $27.23. Therefore, I will acquire 10 shares on Monday. See the post from 2025-11-01 for a more in-depth look at CMCSA. Below, is the purchase history and average cost calculation.

Consistent with the announcement on 2025-11-13, I received a tender offer from FMCB to sell all of my shares back to the company for ‘cash at a price of the volume weighted average per security as of the close of NYSE trading on’ 2025-12-23.

I will be declining that offer.

Even trading near all-time highs, FMCB is still at least $400 shy of their fair value. Furthermore, the move to a quarterly dividend may very well make FMCB a more attractive income stock going forward. There is no compelling reason to close out our position.

This week, we have $375.37 in uninvested cash available, along with the usual $250+ weekly contribution. On top of that, six of our portfolio holdings ranked in the Top 10.

Ticker	Account Value
BDX	3,685.24
CMCSA	1,966.32
FMCB	4,386.40
HTO	3,305.79
PEP	1,885.26
PPG	3,333.99

The lowest amount belongs to PEP which last traded at $145.02. Therefore, I will acquire 4 shares on Monday. Below, is the purchase history and average cost calculation.

…

Dividend King of the Week [PEP][3]Read More »

Somnigroup International Inc [SGI] has made an unsolicited offer to purchase LEG for $12.00. LEG is up about 10% on the news and is trading near $11.40. Time to sell covered calls.

Selling to Open: 3 March 20, 2026 $12.50 Call Options [Symbol: LEG260320C12.5]

Limit Order Price:  Credit of $0.55 per share

This week, six of the portfolio holdings ranked in the Top Ten.

Ticker	Account Value
BDX	3,686.38
CMCSA	1,654.78
FMCB	4,240.00
HTO	3,203.67
PEP	1,933.62
PPG	3,301.32

The lowest amount belongs to CMCSA which last traded at $26.69. Therefore, I will acquire 10 shares on Monday. See the post from 2025-11-01 for a more in-depth look at CMCSA. Below, is the purchase history and average cost calculation.

This week, seven of the portfolio holdings ranked in the Top Ten.

Ticker	Account Value
BDX	3,661.68
CMCSA	1,422.20
FMCB	4,100.04
HTO	3,087.06
PEP	1,902.29
PPG	3,257.10
SCL	3,000.84

The lowest amount belongs to CMCSA which last traded at $27.35. Therefore, I will acquire 10 shares on Monday. See the post from 2025-11-01 for a more in-depth look at CMCSA. Below, is the purchase history and average cost calculation.

This week concludes the second of two planned “off” weeks—an intentional pause to restore the $250+ weekly investment rhythm. The break follows the establishment of a new position in CMCSA, a move that briefly altered the pace of contribution. Now it’s time to examine how this week would have unfolded otherwise.

This week, seven of the portfolio holdings ranked in the Top Ten.

Ticker	Account Value
BDX	3,667.76
CMCSA	1,430.52
FMCB	4,120.00
HTO	3,267.84
PEP	1,896.05
PPG	3,201.99
SCL	3,003.56

The lowest amount belongs to CMCSA. There is neither a position nor sector imbalance and nothing would have precluded investment in CMCSA save that it is an ‘off’ week.

VZ popped $2.00 on earnings and then lost it all and then some a day later. Over the following eight trading days it has steadily climbed and is approaching the post-earnings high of $41.32. The recent price action would suggest it has momentum to get back up to that $45.00 level, but I am willing to call its bluff at $42.00. Yes, pun intended.

Sell to Open (GTC): 1 December 26, 2025 $42.00 Call Option [Symbol: VZ251226C42]

Limit Order Price: Credit of $0.45 per share