(01-12-2021, 07:05 PM)vbin Wrote:If you aren't excited about owning UTEs right now the XEL FEB 60s are my suggestion. I doubt the in the money 65s will get you exercised but we never know. DUK is always solid but I have no interest in SO at todays price. There are better options IMO. They have drama in the background I can avoid. AEP looks good too though I'm not so sure their industrial customers are out of the woods. They have the dirty Ohio politician stuff going on in the background but we probably would have heard by now if they were in trouble. They say they are innocent lol. I own a ton of NEE but don't jump in now. There is no need to pay a big premium for a UTE right now. I sell NEE puts on a decent dip which doesn't happen too often.(01-12-2021, 10:48 AM)fenders53 Wrote: Selling some UTE puts today. The threat of higher interest rates will keep them down for while, but IMO rates will not get anywhere near high enough to make UTE div look like a bad income investment a few months from now. If rates do rise that high we have trouble market wide anyway. Sold DUK and XEL puts today. May jump on AEP as well. I already have some open on AEP and XEL because I nibbled in a few weeks too soon like always. These will look better when the market finally gets rattled some day. Sold a new MSFT put as well. I've been trying to get back into MSFT for six months but so far just option premiums collected for my efforts.I need to get into some Utes. I only have PCG. Sold out of duke, SO few others a while back. Checked today, they are still where they were. Lol thinking to sell ED and XEL puts tomorrow.
In any event pick a UTE building out in the renewables. No sense fighting the trend. They still use lots of natty gas to feed your fossil fuel habit.
