Quote (excellence @ Jan 6 2021 11:39am)
KO is great. Another warren buffett special where he owns so much that the dividends now each year probably eclipse his initial investment lmao. One of my fav forever holds along with BAC.
bought more earlier this year but sold it because it was making much larger gains on basically every other stock. bad strategy but we live in the casino age
Yeah, I own both too. Fairly small positions though. Like SBD mentioned I think we're in for compressed returns in 2021. So getting a steady company like KO for a 7% discount just from a week ago not a bad deal. Not sexy but this thing will give you 5-10% a year and if you add a 3 % div it's a pretty good core holding.
Quote (Thor123422 @ Jan 6 2021 02:01pm)
Dude, they're crap on the YTD chart. Look at this! Nowhere but down! Sell sell sell!
https://i.imgur.com/AmVuyJJ.pngThat chart does look sexy, and with a 3% dividend.
I finally have enough in my account to sell covered calls on something like that, so I might buy it up and sell weeklies. They got so heavy into vitamin water and other crap that I am confident in their ability to innovate and stay relevant. Good find.
I think 48 ish is a hard bottom and don't see this going above 55 any time soon. You could sell otm options below/above those strikes and just collect easy premium.