Kimco Realty Corp (Ticker: KIM) shareholders can enhance their income through a covered call strategy by selling a January 2026 call option at a strike price of $22.50. The current stock price is $20.92, providing an annualized additional return of 2.2% based on the 20 cents bid for the option. If the stock does not get called away, the total potential annualized return could reach 7%. However, for the option to be exercised, KIM shares would need to rise by 7.6% or more.
In regular trading on Tuesday, the put volume among S&P 500 components totaled 927,965 contracts while call volume reached 1.58 million, resulting in a put:call ratio of 0.59. This indicates a preference for call options compared to puts, as the long-term median ratio stands at 0.65.
