Shareholders of SL Green Realty Corp (SLG) can enhance their income by selling a January 2027 covered call at the $80 strike price, collecting a $4.80 premium, which translates to an additional 5% annualized return based on its current stock price of $63.33. If the stock price rises to $80, shareholders would earn a total return of 33.6%, including the dividends collected, but would miss out on any gains above that threshold.
The trailing twelve-month volatility for SL Green Realty Corp is 36%, based on the last 249 trading days. As of Monday, put volume among S&P 500 components reached 722,525 contracts, with call volume at 1.33 million, resulting in a put-call ratio of 0.54, indicating a strong preference for call options among traders.
