SKT is trading near multi-years low where with good $25 support line, which was last seen in 2011.
Strong dividend coverage and recently increased dividend provide its finance remain strong.
It is also risk-free to short its short-term $25 put to "buy down" a lower entry price.
Long SKT and Short SKT Put
Strong dividend coverage and recently increased dividend provide its finance remain strong.
It is also risk-free to short its short-term $25 put to "buy down" a lower entry price.
Long SKT and Short SKT Put