Altria Group Inc (MO)

[aCryptoKing]

Welp! THAT didn't take long at all! $38's broken which NOW puts me in the position of WONDERING if I should exercise the CALLS. Normally I wouldn't give it much thought but I'm FAIRLY CONVINCED that MO will put forth ANOTHER ~9% divi & NOT AS convinced I can EASILY buy it lower.

I have sub $35's & $36's so the question is do I want to BUILD a more-or-less defensive DIVIDEND KING stock position WHILE ALSO EXPECTING the stock price to appreciate as OTHERS get clued in to the value of buying THIS KIND OF STOCK in these kooky times?

I think the market is on DELAY here & don't mind waiting a bit till they CATCH UP to be honest... & I don't see VERY MUCH downside. It boils down to COST OF potential stock-price DOWNSIDE vs. capturing the expected 8%+ dividend VS if I think I can BUY IT LOWER before then... Gotta check on their next divi dates & chart this again...