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How to pick up some quick income using an auto stock hitting its stride
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- With broader macro uncertainties driving pocketed volatility across the automotive sector, patient options traders have an exceptional set-up to harvest high-quality premiums.
- Specifically, writing the Ford July 24th expiration $13.50 strike put at a premium of $0.45 offers an immediate 3.3% yield over the 35-day duration.
Livestream Menu Make Itselect USAINTLLivestream Search quotes, news & videos Livestream Watchlist SIGN INCreate free account Markets Business Investing Tech Politics Video Watchlist Investing Club PROLivestream Menu
With broader macro uncertainties driving pocketed volatility across the automotive sector, patient options traders have an exceptional set-up to harvest high-quality premiums.
Specifically, writing the Ford July 24th expiration $13.50 strike put at a premium of $0.45 offers an immediate 3.3% yield over the 35-day duration. On an annualized basis, this cash-covered trade structure generates a compelling 36% annualized return, providing a massive margin of safety on a premier industrial giant finding its operational stride.
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