Rocky’s Weekly Stock Picks
Have you been too busy at your summer job to think about investing and trading? If you’re like me, the answer is a resounding, “Yes!”. If you’re like me, then you also planned for this eventuality. If your plan was simply to check Rockydennis Presents Rocky’s Weekly Stock Picks, then you have a solid plan in place, my friend.
This week we’re playing it safe. Not quite NOK safe, but pretty safe nonetheless.
RIOT - We’re placing a limit order at $24. Hopefully we can catch a huge dip from the China situation, but it won’t last long. We’re similarly padding out our BTC holdings with a limit order set somewhere around $30,000.
WKHS - Workhorse continues to remain relatively stable with enough intraday volatility to keep option premiums reasonably juicy.
ORC - This REIT pays something like 5% a month. Ex-div is Tuesday. Share price is around $5.50 on average. You really can’t miss with this one.
ET - Energy Transfer is holding a strong neutral at around $10.00/10.50 as of late. Options trade weakly. And weekly. It’s almost too neutral. We’ll be rolling up and out after market open to the nearest date that gets us out of the money.
WSR - Whitstone REIT. Around $8.40 a share, some 5+ % dividend. Ex-div on Thursday. If this seems very similar to ORC, that’s because it is. While we generally expect to see both equities following similar long-term trends, we like to stay diversified.
It looks like SLG has an ex-div on Tuesday, as well. This is another REIT with a monthly dividend of around 4.5%. This is a favorite of our corporate office.
