Shareholders of Thor Industries, Inc. (THO) can enhance their income by selling the January 2028 covered call at the $130 strike, with a premium of $11.50, offering a potential annualized return of 7.3% combined with the current 2% dividend yield. This strategy anticipates a 39.6% return if the stock rises above $130, which requires a 28.2% increase from its current price of $102.08.
As of Monday afternoon trading, S&P 500 put volume reached 886,867 contracts, while call volume totaled 1.84 million, resulting in a put:call ratio of 0.48. This indicates significantly higher call volume compared to puts, suggesting increased buyer preference for calls.
