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Re: jugs post# 1691

Friday, 01/26/2018 5:15:28 PM

Friday, January 26, 2018 5:15:28 PM

Post# of 8177
I like what your doing ! I’m doing similar with ngl 60 k margin but besides collecting distributions I’m collecting monthly premiums on covered calls out of the money , which approximately equals the distribution. Jugs , the way I see your situation is : you have 7 k shares of ngl on margin (approximate #s) your distribution on this yearly ,without any increases is about 11,200 if your interest on this is 7 k this gives you a over a 4 k profit + the annual appreciation!! Seems like a no brainer. Keep on doing as you do !!!
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