Just logging the idea.
Market is pricing in 12.5% growth rates
come down to rebase post pandemic
volatility is up with inflation/Russia
It is a $330 to $370 stock (DCF valuation) that I don't mind holding if we get a drop.
Sold covered call, 315 Apr 14, $14.50
really wanting nothing to happen, but happy with a pop (lock in 5% in 30 days), happy with a drop because with a $297 cost basis and willing to hold.
Market is pricing in 12.5% growth rates
come down to rebase post pandemic
volatility is up with inflation/Russia
It is a $330 to $370 stock (DCF valuation) that I don't mind holding if we get a drop.
Sold covered call, 315 Apr 14, $14.50
really wanting nothing to happen, but happy with a pop (lock in 5% in 30 days), happy with a drop because with a $297 cost basis and willing to hold.