Shareholders of Thor Industries, Inc. (Ticker: THO) have the opportunity to enhance their income by selling October covered calls at a $100 strike price, with a premium bid of $10.20. This strategy can yield an additional annualized return of 17.2%, resulting in a total potential annualized rate of 19.4% if the stock remains below $100. Current stock price is $93.93, indicating a 6.7% increase would be needed for the share to be called away.
As of Friday afternoon trading, put volume for S&P 500 components reached 1.49 million contracts, while call volume stood at 2.85 million, yielding a put:call ratio of 0.52. This indicates significantly higher call activity compared to puts, contrasting with the long-term median put:call ratio of 0.65. The trailing twelve-month volatility for Thor Industries is calculated at 44%.
