Tactical musings, technical timing indicators and risk management strategies
Wednesday, June 13, 2007
Still like oil? Here's a Canadian oil trust with an annual dividend of $4.08 distributed monthly. Current Buy/write yield on the July 35's is over 3% for 37 days. With the dividend factored in the monthly return is over 4%. Low volume on the stock and wide spreads on the options so a Buy/write order with a debit limit is advised.