Message Font: Serif | Sans-Serif
No. of Recommendations: 0
I decided to dive into this 4-star company. Price at $33.6 as of today closing with forward PE at 12. Dividend on Friday, 47 cents; May call at 35; $1. May put at 30 at 90 cents; Buy the stock, get dividend, sell call and put to get a total $2.37. It it drops, I will hold it for dividend. If it is called away at $35, I gain another $1.40 for a total gain of $3.77, a 11% return in 8 weeks. The return is way ahead of risk. Above all, it is a solid utility company waiting for gas price to go up.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.