05-01-2020, 09:22 AM
(05-01-2020, 09:09 AM)Otter Wrote:Not a space I am extremely excited about, but it seems prudent to spread out the bets in financials. I see a half dozen banks and insurance companies that look good but there is no telling what happens in the next 90 days. FED chief has made it clear he is not done gaming this.(05-01-2020, 09:07 AM)fenders53 Wrote:(05-01-2020, 08:55 AM)Otter Wrote: Added some EV this morning.Is that your code word for a big stealthy TSLA buy?
Just kidding, I was actually glancing at EV last night. Dividend looks safe.
WY just cut my Div. I knew they might and had been trimming the position higher for weeks. Sold some more WY this AM and then immediately sold a MAY 15 covered put at a slightly lower strike. Got over two quarterly dividends back in 30 seconds. These Div cutters aren't taking it without a fight lol.
I like TROW even more in the same space, but already have a full position there.