Apollo_CB

BTI safer covered call with dividend

Long
BATS:BTI   British American Tobacco Industries, p.l.c.
BTI loves to oscillate between 32$ and 45$. A simple strategy would be to enter around not spot and hold through a quarterly dividend. Jet fuel in calls could also be applied to lever the bet. A >8% dividend is nice these days in this uncertain market. The company has heavily pivoted to vaping and does not need to rely on American markets.

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