Just a short update.

Encana has paid out another dividend not terribly much as it was only .07 cents US per share. Making my dividend total payment after converting it to CND $36.73.

To date I have collected $341.53 in dividends and $1792.56 in option premiums for a total of $2134.09 (net)
As a percentage it is 22.27 % for the year. Since I have purchased this stock a year ago I have managed to collect a reasonable amount in both dividends and through the use of options. I still have a open contract to sell at $17 till April.

I still believe that this stock is heading lower and it should break the 17 dollar mark this year. It could be this spring or summer, it`ll depend on the weather as the consumption of Nat. gas is heavily dependent on either heating or cooling.

Till next time Happy trading.