Just buy it.
And am I recommending it to ward off demons?
The first big loss I had at the trading firm I worked at was MO.
It was up in the morning and I kept buying all the way down and then got stopped out, while the stock preceded to be up on the day. And on the chart it looked like a happy face.
But if there is anything one learns: don't get personal or emotional. Just funny how I caught this move today.
I bought the $15 January call.
Stop is 14.96.
Target is 16, then next one is 19.
4% up (minimal projection), 3.2% on the downside
Remember if you don't gamble and just buy the stock the dividend yield is hefty and one can wait this one out.
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