“`html
Shareholders of Super Group Ltd (SGHC) can enhance their income by selling the April 2026 covered call at a $15 strike, for which they can collect a premium of 90 cents, equating to an annualized return of 17.3%. This would result in a total annualized return of 18.6%, assuming the stock is not called away.
The current stock price is $12.29, meaning shareholders would need a 22.1% increase for the stock to reach the $15 strike price. In this scenario, if the stock is called, shareholders could still see a 29.5% return, factoring in any dividends collected.
As of Thursday afternoon, the S&P 500 showed a put volume of 1.15 million contracts and a call volume of 1.95 million contracts, leading to a put:call ratio of 0.59, indicating a preference for calls among buyers.
“`
