BDJ's Dividend Likely To Rise Due To Improved Option Premiums [Seeking Alpha]
Blackrock Enhanced Equity Dividend Trust (BDJ)
US:NYSE Investor Relations:
blackrock.com/investing/products/240225/blackrock-enhanced-equity-dividend-trust-usd-fund
Company Research
Source: Seeking Alpha
SummaryThe BlackRock's Enhanced Equity Dividend fund is an actively managed CEF that owns value-oriented equities with half of the fund dedicated to covered calls.BDJ has historically high dividend yields and, because it sells calls, has the potential to outperform in a bear market.BDJ has struggled in recent months as call premiums have been abnormally low due to possible over-saturation of option sellers and a lack of option buyers.Short interest is now on the rise and the VIX remains above 30, so call option premiums are likely to become very attractive.BDJ's higher weighting toward financials is a positive due to high government support of the sector.Last summer I covered BlackRock Enhanced Equity Dividend Trust (Defensive Alpha With The BlackRock Enhanced Equity Dividend FundAs I mentioned in the article, we were in a late-cycle period last year and now it seems we are at the end of the economic cycle. While I remain bullish on individual companies, I am bearish on the market as
Show less
Read more
Impact Snapshot
Event Time:
BDJ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BDJ alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BDJ alerts
High impacting Blackrock Enhanced Equity Dividend Trust news events
Weekly update
A roundup of the hottest topics
BDJ
Sec Filings
- 11/26/24 - Form NPORT-P
- 11/19/24 - Form SC
- 11/18/24 - Form SC
- BDJ's page on the SEC website