I personally believe you should have 2 holding in UNS. Trading stock and long term hold stock. I have both, my trading stock is, in the money sale of Puts and my longer term is out of the money Puts (I am not sure whether ASX has option trades, I know you don't have that ability with UNS, fortunately we do). In additional I have core shares that I plan to keep for the foreseeable future. If you listen to financial adviser they will tell you, if your stock doubles take a little off the table and play with the house's money, (Nobody got poor by locking in profits!). You should do that in your trading portfolio but if you believe in the future do not touch your core holdings
As usual just my 2 cents
UNS Price at posting:
55.0¢ Sentiment: Buy Disclosure: Held
