Shareholders of Solaris Energy Infrastructure Inc (SEI) can enhance their income by selling a November covered call at the $30 strike, with a current bid premium of $4.40. This strategy could yield an annualized return of 48.4% if the stock is not called away, calculated based on the current stock price of $27.98. If the stock rises above $30, a 21.9% return would still be realized, factoring in dividends received.
As of Tuesday, the put volume among S&P 500 components reached 1.01 million contracts, with call volume at 1.67 million, leading to a put:call ratio of 0.60. This indicates a preference for call options trading, surpassing the long-term median put:call ratio of 0.65.
