The StoNks thread

[Gwaihir]

Originally Posted by imperiouskitten [You must be logged in to view images. Log in or Register.]

hubby and I are trying out this game finally. GEO and CXW at rock bottom. Calls out thru post-election. Also PSXP stock held. My election plays. r8??

Geo and Cxw both have dividends that are too high to facilitate a quick recovery without scaling the dividend back, which would inherently cause an increased loss in investor confidence that inhibits a prompt recovery. If you're Selling covered calls, sure. If you're buying calls, exit the position just before the next dividend payout or you're gonna get killed.