“`html
Helmerich & Payne, Inc. (Ticker: HP) shareholders can enhance their income by selling March 2026 covered calls at a $30 strike price, receiving a premium of $2.35 per contract. This strategy provides a potential annualized return of 28.7%, assuming the stock price remains unchanged at $27.79, which represents a 7.9% increase required for shares to be called away, leading to a 16.3% return inclusive of dividends.
The trailing twelve-month volatility for HP is calculated at 56%, and current trading observations show 779,895 put contracts against 1.52 million call contracts, resulting in a put-call ratio of 0.51, indicating strong call preference among traders.
“`
