“`html
EOG Resources, Inc. (Symbol: EOG) shareholders can enhance their income by selling a March 2026 covered call at the $120 strike price, collecting a premium of $2.30, which yields an additional 6.5% return against the current stock price of $107.04. This results in a total potential annualized return of 10.3% if the stock is not called away. If EOG shares rise 12.3% to the $120 strike, shareholders would earn a 14.4% return, factoring in previous dividends.
As of Wednesday afternoon trading, EOG’s trailing twelve month volatility was calculated at 28%. In the broader market, S&P 500 put volume was 684,819 contracts, with call volume at 1.41 million, leading to a put:call ratio of 0.48, indicating a strong preference for calls among traders.
“`
