The Trade
Buy MPLX units, sell May $40.00 calls against the long position
Extended Commentary
We are back to our bread-and-butter philosophy this month, writing/selling a call as opposed to last month's buying a call--on this same MPLX-NYSE stock.
(That trade has by far been our most lucrative to date--buying the Sept 24...
It feels like the start up of the new Trans Mountain pipeline has been coming for years. Wait a minute, it has been. But now the day is truly upon us - the Trans Mountain Expansion (TMX) is expected to start up in less than 3 months!
The pipeline expansion is going...
SPARK ENERGY—EMIN-CSE/MTEHF-OTC has a $4 million market cap—tiny tiny tiny, trading at 6 cents.But it has the largest land position—by A LOT—in Brazil’s lithium valley, where Sigma Lithium (SGML-TSXv) is building their lithium mine that will be in production late this year. Sigma ran from $1.50 - $54 in the lithium boom...
The small cap market is on the move—finally. Green shoots are everywhere—junior public companies are now being rewarded for achievements/milestones/improvements in their business.
Since the peak in interest rates in late October, small caps have been on a fairy-tale run, with a rising tide lifting all boats. But those companies...
The Canadian market lists four mineral drilling companies and all of them are cheap, cheap, cheap.This is not surprising. Up until recently gold has been hated. It is only natural that the drillers, which all trade with the gold price (even though they drill for all the metals), would be dirt-cheap.What IS surprising is...
Our new options trading service--at inthemoney.capital -- has one of the lowest-risk, highest return trade we see in the markets - a one month option on Energy Transfer, symbol ET-NYSE. We see a 2.46% gain here in one month and a few days, or 27.91% annualized.
Our three previous trades netted us 2.04%...
A US court could give two Canadian junior stocks a total of US$2.5 billion in July 2024, from the sale proceeds of the CITGO gas station chain--which has almost 5000 retail outlets across the USA. CITGO also has three refineries in the US processing more than 800,000 barrels a...
It's not 2024 yet--but I've been thinking where do I put my time, attention and MONEY next year at my generalist newsletter, InvestingWhisperer. After two years of a bear market in small & micro-cap stocks, I think 2024 will be a GREAT year--lower interest rates, more "risk-on" sentiment and low...
