FDA decision is May 26 and the weekly options expiring May 27 are sky high at 39%. So call writing is too risky to justify those options. But, next weeks options expiring May 20 offer 9%. Is anyone selling calls on that? You could collect that nice premium and be out of the stock prior to the FDA decision.
more scarce!? Everyone one and their mother is producing oil. We have a glut. Scarce????
Agree that Tues is ex-div date, but it sure is weird that today the stock is down by exactly the .28 cent dividend.
Almost suggesting that today is the ex-div date. Just a weird coincidence.
a 1099 would certainly be a tax issue like the original poster was asking. I don't own this, but UBTI is the main issue in an IRA with MLP's. Hard to imagine that and ETF of MLP's does not have an IRA tax event. The UBTI has to go somewhere.
I would buy the news. Remember, you always have the possibility of rising oil prices that will also cause PBR to rise. You have 2 catalysts to bet on.
PBR will move higher from here and fast. Just think back to the Brazilian elections when it "appeared" that Dilma would not get re-elected. PBR really took off. Alas, it was not to be, but you can see PBR's move today makes sense in light of the impeachment news.
Someone may have bought the stock at $3 and sold the calls for 33%. Hard to tell if this is a buy or sell...
Yep, got it. I got the wrong symbol. Makes sense now. Thanks. I am also going to buy a bit more. The dividend history looks good, especially through the rough years of 2008/2009.
I dont get it. The report said: "We also announced a $0.06 dividend per share, representing a yield of 7.5%." Where do you get 30 cents. And, how do they calculate 7.5% yield when .06 time 4 per is is only 3%?