3D·

Successful OMV trade

I wanted to share my successful trade in the OMV share with you - perhaps some of you have also made this trade or made good profits with the share. Last year I had the dividend paid out, but realized afterwards that the payout of just under 11% was reflected in the fall in the share price.

This time I bought in bit by bit after the ex-day and have so far been able to realize good profits. I am leaving part of the position open and will gradually liquidate it. I have invested part of the realized profits in $GOOGL (+0.65%) - and $AMZN (-0.68%) -ETFs, as I found the entry prices very attractive. I intend to try this trade again, but with double the position size

Position size was/is approx. 5k.

By the way, I was inspired by @TomTurboInvest - as far as I can tell, he has already made this trade twice. If we ever meet on the slopes: A yeast dumpling and a beer are on me, thanks! :)

21.03

OMV

Sold x11 at €45.62

€501.82

23.33%

6 Comments

TomTurboInvest@TomTurboInvest

If you ski in the most active valley in the world, then that would be quite possible😉. I also dissolved my OMV recently 💰

PS: I can't even remember how often I traded the range between €36-37 and €45 plus. Long sideways trends are always fun for swing traders

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PietAT@Petzi-Port

@TomTurboInvest Once in 5 years I'm sure I'll make it to the slopes😅
Very good, I'll let mine run a little longer, but next time the position will have to be a lot bigger. I estimate the risk with this trade to be very minimal

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Hennington Research@HennRes

Gratulation!

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Alex C.@slava_ukraine

Why did you sell them? OMV is +23.5% YTD and has _10_% dividends in June.

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TomTurboInvest@TomTurboInvest

@slava_ukraine The dividend is deducted from the share price, so it doesn't matter whether you sell before or after the distribution.

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PietAT@Petzi-Port

@slava_ukraine My thought is that technology stocks have better growth. I only bought OMV as a trade. When the distribution of 10% takes place, 10% is deducted from the share price and if you look at the chart, you can see that the share price continues to fall.

The realized profit is also greater than the distribution I would receive :)

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