Long term wheel on Energy-Transfer

14 août 2022

ET

ET is in a long term uptrend the idea is too be selling CSP's to average myself into the stock. As the title of this plan states ill be doing the "Wheel" selling cash secured puts at or along the posted trendline while simultaneously selling calls on my already owned shares to generate income. I don't see very many political or economic headwinds in the near future that will affect this stock as they are involved in the transportation and storage of NATGAS and Crude oil and I don't see demand slowing down; even more so in the united states as we are becoming a net exporter. Could be blue skys ahead.

14 août 2022

Transaction en cours

Sold 8 $11 CSPS expiring this Friday for around .11 a piece, bought them back for a 80% profit at .02

8 sept. 2022

Transaction en cours

Still trading this name today. Have 10x 11.5P expiring tomorrow 9/9/21 I don't think Ill be assigned.

20 sept. 2022

Ordre annulé

Trades all closed