Sold a covered MO put with a great premium close to the money today so I should be long MO soon. I am VERY tempted to add some more SO today. SO seems to have a lot of support just south of current price. Close enough anyway for a longterm hold. I have been bitten by DIV yield traps in the past but never by a utility company. They always get the BIZ figured out eventually and get by with it in the meantime because they have no competition.
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