Our Algo Engine recently generated a buy signal in Medibank at $2.80.
With the stock now making a further “higher low” formation at $3.00, we recommend buying MPL and selling December call options to enhance the yield.
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December $3.20 call options are generating an additional $0.08 in premium.
Medibank goes ex-div $0.0675 on the 6th September
Medibank Private
