ASX is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.
We see upside in ASX to $86.00, at which time investors should consider selling out-of-the-money call options to enhance the income return.
ASX goes ex-div $1.14 on 7 March.
For more information on the derivative strategy, please call our office on 1300 614 002.