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Strategies & Market Trends : Option Strategies

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To: CusterInvestor who wrote (2286)11/30/2021 12:54:02 PM
From: robert b furman1 Recommendation

Recommended By
CusterInvestor

   of 2591
 
Yup.

That 1.08 dividend has been paying me for 5 or 6 years now. It's getting up there in yield again.

Good cash flow and a slight rase in the middle of a pandemic as they conpleted major Capex expansions from the Permian the country's lowest cost shale and only shale deposit showing production growth from more rigs drilling.

Solid cash flow grower.

Back before the dividend increase I had a note to Buy shares below $14.75. I was selling 13.00 puts back then.

Now I'm selling $16.00 puts out into March and June. If assigned it will get me that buy at 14.75 and a dividend yield of 7.3 %.

I've had almost every month of this year expire 16.00 puts - some barely but they al expired. I had enough cash from the puts I sold a $ 17.50 last month, which finally assigned me some stock.

Every put I've sold will yield 7% plus.

I'll buy every one of them at that yield!

For some reason mid stream has not had a lot of interest.

May be because many of them are MLP's and taxed differently.

KMI is a C corporation and its dividends are Qualified dividends.

Utility like stability and reducing its debt. Doing a fairly good job on ESG as well.

A large part of their system is along the Texas coastline, so LNG export growth is in the mix as well.

It seems to me as legislators shut down new pipelines, the old existing lines and their existing easements are of greater value in the very long run.

We See.

Bob
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