- Morgan Stanley hit a high of $109.73 within the last year and is now trading in the mid-$80s. The dividend is growing, and they are financially stable and should be able to continue to raise the dividend.
- I bought 200 shares. I will keep 100 shares and I sold a call on the other lot. This strategy allows me to milk this position for more income, while still improving my basic portfolio.
- I may repeat this trade in the next few weeks should MS go down more and test its 52-week low of $80.
For further details see:
Simplest Call Today: Morgan Stanley - Inflation Hedge