Rocky’s Weekly Stock Picks
SENS - Sell puts at $2. I’m actually thinking maybe doing $2.50. Either way, I’m confident that the price will be up above where it is now by May 21. So even just buying shares. Heck, covered calls are always a good idea, too.
FLR - There is a small dividend, but options trade weekly. I can’t afford either of those things on this stock, but it’s a safe spot to park this sweet $20 I just won on a scratch-off. This one is on a slow, steady, uptick and has a long ways to go.
WSR - This REIT is paying monthly, and ex-div is …tomorrow. Monday, May 3rd. The yield is a bit lower than our favorite ORC, but is still a nice buddy stock to have. It’s like the commercial version of ORC. Well, that’s a terrible comparison, but for our purposes it’ll suffice. (Also, we’re not scared of REITs).
ET - The opportunity to get in before $9 becomes a support may not last much longer. The silliness going on in the news about climate change and dis-incentivizing fossil fuels is just that, silliness. Really, oil futures is where we should be, but since we can’t afford a margin account (yet), we’ll have to be patient.
CEQP - If you didn’t get in on this stock the last time we called it, it’s a mere $.70 over the $30 mark we wanted to stay under. Ex-div is Thursday, May 6th, so you could either lock in the dividend or wait until Friday when the price starts to drop.
