REI does look interesting. Thanks.
Check IDA. Good yield -- Small utility (buy-out) -- Mostly hydro (cheap, very cheap production cost, second lowest in USA, I think) -- And they own a fuel cell company.
Normally, during a drought, the price should be in the 20's. Its held due to above, IMO, -- especially the fuel cell potential.
Would you buy it at 22.50? If so, consider writting the Feb 25 put naked. You'd get 2.50 for it. If ITRI drops below 25, before the 3rd Friday in Feb, you would receive the stock at 25. Net price = 22.50. If it stays above 25, you've made 2.50 -- just for being willing to buy it.
The May 25 is $4.00. Net price = 21.
Came back to see if I got a response. Thanks for being keenly accurate.
As concerned as I am at the moment about valuations and the bear market, I'm more inclined to buy a stodgy utility stock than its high growth/high PE supplier. Was just eyeing REI's dividend a few minutes ago:-)! Good luck.
I can tell by the bigt's tone that he is no fool.
But, your attacks on anyone who has a question or comment seems to say that you are.
Calm down. He is a bull -- just at a lower price. He probaly won't get in, but if he does, welcome.
hey, boardwalk spammer, look at what a great deal NXUS is