You can make those big $TSLY dividends without a big risk. Here's how.

Most people want that huge dividend, usually around 50% annualized, that $TSLY pays, but they're terrified of the risk.

You can make those big $TSLY dividends without a big risk.

Here's how.

Most people want that huge dividend, usually around 50% annualized, that $TSLY pays, but they're terrified of the risk.

To capture the dividend and avoid the risk. You'll buy insurance against the price of $TSLY going down.

This insurance is known as a put and should cost you somewhere between $15 and $20. For every hundred shares of $TSLY you purchase (You have to buy hundred shares increments).

In October of 2023, the $TSLY dividend was 57.69 cents per share. With the insurance, or put, costing 15 cents a share, after you pay for that, you would still have 42.69 cents -PER SHARE- in your pocket.

On the day I wrote this, the price of $TSLY was $13 and 48 cents a share. That translates to an annualized return of 31.64%.

To implement this strategy. You simply buy one put option for every 100 shares of $TSLY that you own or want to buy. Specifically, you'll be looking for a put where the price is about 10% less than the current price of $TSLY. For you option geeks, this will be an option with a Delta of 18 to 20, somewhere in that neighborhood. Today, that's the November 2023 $12 put.

Using the $12 put for insurance would mean you were risking $1.48 at today's closing price. Plus 15 cents for the cost of insurance.

Now, this article is not intended to be an education about options. For those of you who know nothing about options. Just email me, profit@cashstacker.com, with your questions, and I'll be happy to coach you through the process.

It's not difficult.

Now, imagine what you could accomplish with a 31% return.

I mean, really picture in your mind what a difference this could make in your portfolio.

And in your life.

Now take action.

Either log into your brokerage account and implement this idea, or email profit@cashstacker.com with your questions, and I'm happy to coach you through the process.

Again, that's PROFIT@CashStacker.com.