Playtika Holding Corp (PLTK) shareholders can enhance their income by selling December 2026 covered calls at a $5 strike price, which currently offers a premium of 40 cents. This strategy could yield a total annualized return of 19%, factoring in the stock’s existing 9.5% dividend yield, assuming the stock is not called away. The stock would need to increase by 19.1% for the shares to be called, resulting in a 28.6% total return including dividends if this occurs.
As of mid-afternoon trading on Tuesday, the stock was priced at $4.21, contributing to a trailing twelve-month volatility of 52%. In broader market activity, S&P 500 components recorded a put volume of 697,243 contracts against 1.29 million call contracts, yielding a put-to-call ratio of 0.54, indicating increased investor preference for call options compared to puts.
