Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

WILL ET PHONE HOME?

|About: Energy Transfer LP (ET)
Summary

Somehow this trade slipped by me last week.

I grovel for your collective forgiveness.

And yes, it's making $.

is ET going to go up, or down? Lots of opinions here. I don't care, I'm just in it for the monthly income. Here's the wager:

And what happened last week to get there:

And what that means to the net income return so far:

Hopefully I can reduce my net share cost about the same amount every month going forward.

I know - BORING. But when you get old this kinda stuff seems interesting for some reason. 

Did I ever share with you my collection of belly button lint?

YRMV

Disclosure: I am/we are long ET.