I have quite a few WGBO options and was tempted to sell but after researching and watching the price rise ! Am I wrong, but if the share price is currently at $2.70 and the option exercise price is $2.54 that’s already what’s called in the money aprox .16 cents as trading around 12 cents but understanding. 5 cents dividend has to be factored into the option price ! My thinking now is with a 2 to 5 cents capital increase each month for the next 12 months ! There is some serious gains to be made in the options play and selling in August 2022 before expiry! Subject to a big market correction! This is a fantastic way to hold a large position if there is any upside and think with the current situation as things improve ! The position of holding options in this stock has minimal risks well I think so ! I like it !
WGB Price at posting:
$2.70 Sentiment: Buy Disclosure: Held
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