This week we’re going to keep it basic and simple, while we accumulate some extra capital for next week and beyond. There is a reason for this.

That reason is that we made a discovery this past week that we probably should have already known. And that is, Tradestation does not charge a commission or fee for trading OTC stocks. TD Ameritrade and Schwab both charge $6.95 per trade last we checked. This is a gamechanger. For better or worse remains to be seen, but at least we’re saving $6.95 on every OTC trade!

For this week, let’s start with Energy Transfer. We were hoping the price would pull back, as options trade weekly and we’re ITM (which is no bueno, we still want the quarterly dividend!).

1. ET - $12.30, ex-div 11/3, 8.62% annualized, options trade weekly. As we see, this stock has already gone ex-div and the corrective drop in price already happened. This change in price was hard to notice, as the share price is still up over the month.
   
   The annual return is consistent with what we’re used to seeing, and this company operates as an LP. This effectively means we don’t pay tax on our returns (yet), until we effectively ROI. We say ‘effectively’ because, well, the K-1 might break down differently. We’re not really sure…in fact, is there a K-1 for ET? We’re not breaking out the tax return folders to figure this out. March will be here soon enough.
   

   Have we mentioned that if you’re going to hold LPs/MLPs to go ahead and file for an extension right out of the gate?
   

2. RIOT - $5.79/share, weekly options, consistently volatile (because mining Bitcoin and Ethereum is a large part of what they do), and BitCoin is inching upwards. Cryptotab says $21,306, and that’s pretty close to accurate. It’s not real-time, but it’s close.
   

3. WKHS - $2.75/share, options trade weekly. We anticipate the price to begin its climb back to the $5 range. In any case, we need to average down. And weekly covered calls are our jam.
   

4. BPT - $14.95/share, quarterly dividends (we’ve got a a ways to go before ex-div), options trade monthly. BP Prudhoe Bay Royalty Trust is just what it sounds like. We’re getting oil royalties, baby! Indirectly, obviously.
   
   We’ll explore oil royalties further when we reach Accredited Investor status. $1,000,000 is a long ways off for us, so it may be a while.
   

5. RUM - $13.06, options trade weekly, but mostly we just want more shares before they go up even more. This represents Rumble, which is taking off something fierce (in large part due to Russell Brand promoting it, (as well as others). He’s definitely a big player in this age of streaming media).
   
   We sincerely doubt that $10/share is coming back anytime soon..