Rocky’s Weekly Stock Picks
This week we are just going through the motions. That said, WKHS continues to work out well in our favor.
NOK - There isn’t any reason not to buy Nokia shares when it comes to buy and hold. You can write calls for a couple of dollars every week as well.
FCEL - Our options profit calculator suggests that writing OTM calls against LEAPS is going to be a real winner. Writing OTM calls against LEAPs usually is. If you just want an electric vehicle charging-focused company to buy and hold, we would actually suggest BLNK.
ATOS - At-the-money cash-secured puts. For intraday trading, getting in at the current price of $3.04 will surely pay off…though we highly recommend taking full advantage of volatile weekly options.
CEQP - The price moved up to where we wanted to sell, but then we didn’t sell. Might as well just keep collecting the dividend. The price closed around $29.12 on Friday. Under $30 we say is a good time to buy for dividends. Ex-div is 8/5. (We were already buying more before googling the ex-div date).
WKHS - We don’t want to beat a dead horse….good thing this horse is alive and kickin’! Alternately, if we wake up a little tired on Monday, we might just open a position on DKL. 8%+ dividend, ex-div on Wednesday,