Verizon: Why And How I Sold My Shares

3D_generator VZ stock: I used to love it too I have been accumulating and holding shares of Verizon Communications Inc. (NYSE:VZ) in our income account over the past two years or so. My shares were mostly purchased when the dividend yields were around 7%. The recent price rallies have compressed the yield considerably to ~6.6% as seen in the next chart below. Combined with a few other factors (and I will detail them later), I have sold my shares at a price of around $41 per via the use of call options. Of c ...