Mar. 30 at 3:06 PM
A new candidate for a wheel strategy on our screener:
$FHN
You can sell a put strike 20.0 (3.3 ATRs away) for 17-Apr-26. Return is 1.3% and 25.4% annualized.
✔ Breakeven is 10.9% away
✔ Dividend yield if assigned is 2.8%
✔ Annualized covered call return is 23.5%
💵 Company has a fundamental score of 5 and a growth score of 9
📈 IV percentile is 85.7%
🔥 See more results & create your own scan here: https://bit.ly/3lR1xIP