02-24-2021, 02:44 PM
Added to AEP-WEC-XEL. Started a new position in DUK. I usually just sell DUJK puts every month because it's easy income. These are only like $2K buys each because I'm not convinced UTEs have bottomed with rates rising. It's actually overdone already as rates won't be allowed to rise to the levels when these UTEs were 5-10% higher. I've given up on market narratives getting irrational when you dig deeper. It is what it is. Soon these UTEs are going to look good to bondholders getting their butts kicked for another few months at least.