Author: Greg Patrick, Dividends & Income Select

This trade offers an opportunity to 1) capture an 11.3% annualized yield from Amgen without even owning the stock, or 2) buy shares at a 11.3% discount to what they’re trading for today.

This is similar to the trade I made in my retirement portfolio yesterday.

This trade offers an opportunity to 1) capture an 11.5% annualized yield from Medtronic without even owning the stock, or 2) buy shares at a 10.6% discount to what they’re trading for today.