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 Wed 4:16 PM ET):
| Take-Two Interactive Software, Inc. (TTWO) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 234.00 | 245.55 | 240.46 | +1.37 | 1.8M | - | 44B |
TTWO Dividend-Like Income Using Covered Calls
With TTWO at 240.46, 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% | 7.21 | 2.0 |
| 5% | 12.02 | 3.3 |
| 10% | 24.05 | 6.6 |
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 | |
| Dec 5 | 245.00 | 3.50 | 17 | 17.4 | 0.00 (0.0%) | |
| Dec 12 | 245.00 | 4.70 | 24 | 17.3 | 0.00 (0.0%) | |
| 5% Yield On TTWO Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Dec 5 | 245.00 | 3.50 | 17 | 17.4 | 0.00 (0.0%) | |
| Dec 12 | 245.00 | 4.70 | 24 | 17.3 | 0.00 (0.0%) | |
| 10% Yield On TTWO Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Dec 5 | 245.00 | 3.50 | 17 | 17.4 | 0.00 (0.0%) | |
| Dec 12 | 245.00 | 4.70 | 24 | 17.3 | 0.00 (0.0%) | |
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| Top 10 Open Interest For Nov 21 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | SPY dividend | 1. | ESTC dividend | |
| 2. | IBIT dividend | 7. | QQQ dividend | 2. | SGML dividend | |
| 3. | KVUE dividend | 8. | SLV dividend | 3. | RZLT dividend | |
| 4. | TSLA dividend | 9. | TLT dividend | 4. | VTYX dividend | |
| 5. | NFLX dividend | 10. | INTC dividend | 5. | OLMA dividend | |
Want more examples? TTT Dividend | TU Dividend
