With Woolworths trading back below $27.50, we believe the share price now represents good investor value.
The $26.50 – $27.00 price range is an attractive buying opportunity.
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On a rally back above $28.00, we recommend selling $29.00 Euro-style March call options to enhance the return.
Woolworths goes ex-dividend for $0.43 on the 1st of March.
