6/23 - I love covered calls. Right now UIS has earnings on 8/3/21 has an Implied Volatility Rank of almost 30%, which means you'll get more premium than usual. For $25.50, buy 100 shares of UIS and sell the August 20th 28 strike call against it, collecting between .90 and 1.05. You will break even if the stock is above 24.50, but my plan is to sell and possibly roll out another month at 50% before the 8/20 earnings event, collecting around 50$ for the call, and all stock profits up to 28$. Should it exceed 28$ you can hold until expiration and collect up to $350.
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UIS Covered Call Opportunity - Unisys Corp
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6/23 - I love covered calls. Right now UIS has earnings on 8/3/21 has an Implied Volatility Rank of almost 30%, which means you'll get more premium than usual. For $25.50, buy 100 shares of UIS and sell the August 20th 28 strike call against it, collecting between .90 and 1.05. You will break even if the stock is above 24.50, but my plan is to sell and possibly roll out another month at 50% before the 8/20 earnings event, collecting around 50$ for the call, and all stock profits up to 28$. Should it exceed 28$ you can hold until expiration and collect up to $350.