I am doing some research about Visa substitute and I found this opportunity , ideal for dividend hunters .
Microsoft is not a bargain because near its fair value, but is a quality stock and a great companies. Fundamentals are really good . This is what Buffet call a GARP (Growth at reasonable price).
Dividend Investors and Dividend Growth Investors could be interested. Dividend: 1,74%, Hist.Dividend Growth: 15 yrs
Dividend growth forecast next 3 yrs: 14%
Earning Growth forecast next 3 yrs : 15% ( Forecast Source: Value Line).
FCF/Dividends = 2,5 (Free Cash Flow cover dividends plentifully).
There is this opportunity : Put strike [email protected],42 Expiry Feb 15 . Weekly return 0,41% Annual Return on Investment 16,69% .
For aggressive Investor there is Put strike [email protected],315 Expiry Feb 15 Weekly return 1,2% AROI 50,5%
If assigned, selling Covered Call to increase your income (Premium + Dividend)
Good Luck .