By the way, for those who like to receive dividends and believe that the share price does not matter, since the shares are not sold yet, no loss, however, they do not take into account that the company can at any time reduce dividends or stop paying altogether — so for them there is a very good substitute for dividends, without such disadvantages. Recipe:
Buy any crap company that has no risk of going bankrupt, like our Gazprom or Rostelecom, but for example, let's take the American company AT&T (ticker T). After buying shares by 39 dollars per share, immediately sell the distant колл with the expectation that the price with a high probability does not reach the strike of this option. For example, probability 94% stay out of the money with a strike option 42 and option expiration 15 September. You will immediately receive your 0,06 dollar per share in premium. This is your dividend. It turns out 12,2% per annum — significantly more than the dividend percentage. Moreover, this percentage is easily regulated by choosing a closer option.. for example with a strike 41 cost 0,15 and the likelihood of being out of money 86% — it will already work 30.5% per annum. I.e, choose the amount of dividends for yourself — where else does this happen? After 15 September, when the old option expires, sell the next call option again, getting my dividends again. And each time after the expiration of the option, repeat this operation again.. It turns out much more and more reliably than dividends.
In America, this is called a covered call and is the most popular way to make money from investors.. Truth, in Russia, this matter is complicated by a very unpleasant fact — we simply do not have stock options (everything for investors). For some reason, options are only for futures. :)
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Update 20:33
Something no one made a comment that I made a mistake in the calculations in 10 once :)
That's why, necessary, certainly, not so far to sell, and closer, but the principle does not change from this.
