56CcLim
2023-08-16

$Manulife(MFC)$  dipping prior ex-div.

Compare the similar charts. 


I saw 2 that might be the sample of what I think this ticker is heading as fitch downgrade banks... Likely to affect $Manulife(MFC)$  


I have buy put 19 for Sept23 as I expect the stock to go down further until this fitch saga halt.


I have sell call 19 for dec23 as there is only small amount left for a Sept one. 


I do have mfc stock on hand too. 

I bought them 19.65. Guess I will be hold on to them till Sept where the put will take them away while I will offset with the call which I need to close as the stock dive for a swim. 

Modified in.2023-08-16
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Comments

  • Optionspuppy
    2023-08-16
    Optionspuppy
    Abit affected by current positions lose on paper 100 plus


    But already earn many many rounds and dividend
    • Optionspuppy: 
      Dun too worried cause i belived is bankers wanting the calls expire worthless this friday only opinion hopefully next week will recover
    • 56CcLim: 
      Lucky u
  • Hilliton324
    2023-08-16
    Hilliton324

    if we can break through the $27 resistance we're going to be golden

  • 56CcLim
    2023-08-17
    56CcLim
    Buy put 18aug, sold at same price, no takers at 0.35, wasted transaction fee. I worry 19 on Friday night..

    Now I see it, 18 likely the outcome.

  • Optionspuppy
    2023-08-16
    Optionspuppy
    I do have new mfc i bought 19.20 sold call for 0.22


    Expirt this friday


    My cost around $19
  • ZOE011
    2023-08-16
    ZOE011

    Earnings are out... $$$$$ all good.

  • Jim1995
    2023-08-16
    Jim1995

    Good news. Long MFC


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