How to Create a 24% Synthetic Dividend on Intel (INTC) Stock Using Options

Intel Corp (INTC) stock broke above the 50-day moving average on Monday and is showing positive accumulation on the breakout. One bad thing about INTC stock is that it currently doesn't pay a dividend. More News from Barchart But what if we could use options to manufacture our own dividend? Does INTC Pay a Dividend? Let's say I have $4,500 to invest into INTC stock, I could simply buy 100 shares and hope the stock rises. But, if I want a more conservative play, I could sell a March 19, 2027 put with ...