Sydney Airports – Buy Signal

Sydney is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.

We see buying support building between $7.80 and $8.00. On a rally back to $8.50, investors should consider selling a European call option into early 2020 to enhance the income return.

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SYD goes ex-div $0.19 on the 28th of December.

 

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