WRDLY - Quality Has Its Price But Worldline Is Trading Too High To My Liking

Introduction

Worldline (WWLNF) (WRDLY) has historically always been quite expensive and the sub-40 EUR share price we saw for a few days during the COVID-19 selloff was a buying opportunity. Unfortunately, I didn’t have the cash readily available so I wrote one in the money and one out of the money put option, but Worldline’s share price recovered so fast both options expired out of the money and my only gain was the option premium. Worldline is now trading at roughly twice the price it was trading at just four months

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