Replies to post #120 on NuStar Energy L.P. (NS)

[leftovers]

I wouldn't compare CPK to NS! Today is Xdate for NS I was able to sell Puts on Monday and bought them back yesterday for 80% less than the credit I received! Did the same thing Last week with CVX and RDS/A. Better than having to own for receiving the dividend!

I do this with the stocks I would have no problem taking assignment ownership as well!

[leftovers]

This came in my inbox today from SA:

BP - Strong As Ever

Operating cash flows remain strong.
Upstream production remains flat in 3Q19.

I firmly believe that British Petroleum's (BP) latest financial results will not have any long-term negative impact on its stock price. In my earlier article, I had stated that British Petroleum's 3Q19 financial results will disappoint the market. And, I was right. BP's shares fell by 3% on Tuesday October 29th, after its 3Q19 earning results were declared. BP reported an underlying replacement cost profit (used as a proxy for net profit) of $2.25 billion for 3Q19, compared to $2.8 billion in 2Q19 and $3.8 billion in 3Q18.