BKR🌦
This could be a great earnings play! I have my eye on BKR 05/21/21 26 C.
Will be opening a position Monday. Dividend yield is hefty, but the beta more than makes up for it. I try to avoid dividend yields over 2% because it can exert downwards pressure on the price. Whats more, when a stock goes ex-dividend the stocks falls by the amount of the dividend which hinders on the value of your call options.
***This does not constitute financial advice.***
Will be opening a position Monday. Dividend yield is hefty, but the beta more than makes up for it. I try to avoid dividend yields over 2% because it can exert downwards pressure on the price. Whats more, when a stock goes ex-dividend the stocks falls by the amount of the dividend which hinders on the value of your call options.
***This does not constitute financial advice.***
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