Shareholders of ManpowerGroup Inc (Symbol: MAN) can enhance their income by selling October 2026 covered calls at the $35 strike, collecting a premium of $2.70 per share. This move offers a potential additional annualized return of 10.8%, bringing the total projected yield to 15.5% if the stock is not called away. MAN shares currently trade at $30.25, meaning a 15.4% increase would be necessary for the shares to reach the strike price, resulting in a total return of 24.3% if the stock is called.
As of mid-afternoon trading on Friday, total put volume among S&P 500 components stood at 1.33 million contracts, while call volume was at 2.26 million, yielding a put-call ratio of 0.59. This indicates a stronger preference for buying calls compared to puts, as the long-term median put-call ratio is 0.65.
