Woolworths Group is a current holding in our ASX 100 model portfolio, as well as the ASX 20 & 50 models.
The stock is up over 9% including dividends after being added at $28.50 back in August last year. With the share price trading at 24x forward earnings and only a 3% dividend yield, we consider it expensive.
You're not a member! Trial today
We suggest selling a long dated European call option to enhance the income. For more detail on the strategy, please call our office on 1300 614 002.
