Mar. 12 at 3:06 PM
A new candidate for a wheel strategy on our screener:
$FHN
You can sell a put strike 20.5 (2.1 ATRs away) for 27-Mar-26. Return is 1.2% and 29.6% annualized.
✔ Breakeven is 8.2% away
✔ Dividend yield if assigned is 2.7%
✔ Annualized covered call return is 34.9%
💵 Company has a fundamental score of 5 and a growth score of 9
📈 IV percentile is 75.8%
🔥 See more results & create your own scan here: https://bit.ly/3lR1xIP