FINALLY EXCITED..ET PHONE HOME..Again

[METFAN]

Finally got what I was looking for
Selling ET(Energy Transfer) puts.
Sell Nov 5 $9puts for .22=
22/900 which annualizes to 29.3%.

Dividend early Nov makes fall from current $9.80 unlikely.

 

[CoachCB]

Nice MF. Good to see you in here. I'm officially moved back to Florida this week (bought a house in Gulfport, in Pinellas County).

 

[METFAN]

VERY NICE COACH..I am in Tampa

 

[Ricboff]

Finally got what I was looking for
Selling ET(Energy Transfer) puts.
Sell Nov 5 $9puts for .22=
22/900 which annualizes to 29.3%.

Dividend early Nov makes fall from current $9.80 unlikely.

 

[METFAN]

Still sitting at $9.80..Should expire worthless. You can do this every month. I prefer to do it quarterly about 5-6 weeks before the dividend date. Do not sell options expiring after it.