TRADE ROLL

ONEOK (OKE) Update

We were reminded that back on 7/19 we took assignment of another 100 shares of OKE stock and that we sold a 19 Aug 60 call. We still have that position open and we can manage that now. Here is the update to that position.

ACTION:  ROLL the OKE 19 Aug 60 call to the 16 Sep 60 call for a net credit of around 0.90 to 0.95.

Buy to close OKE 19 Aug 60 call

Sell to open OKE 16 Sep 60 call

If you were NOT in this OKE 19 Aug 60 call position before, do not enter it at this time.