Caltex Australia is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.
Buy CTX at $33.75 and sell the $34.50 April call for $0.55 credit.
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CTX goes ex div $0.61 on the 1st March.
NOTE: Downside risks are somewhat mitigated by the fresh indicative bid of $35.25 per share.
