Shareholders of eXp World Holdings Inc (EXPI) can enhance their income by selling January 2026 covered calls at a $10 strike price, collecting a premium with a $1.00 bid that yields an additional 19.5% annualized return. This brings the total annualized yield to 21.7%, assuming the shares are not called away. The stock would need to rise 10.7% to trigger the call, resulting in a 21.8% return when factoring in potential dividends.
The current trading price for EXPI shares is $9.04, with a trailing twelve-month volatility of 50%. Additionally, during mid-afternoon trading on Monday, the S&P 500 saw put volume of 810,397 contracts against call volume of 1.55 million, resulting in a put:call ratio of 0.52, indicating a strong preference for call options among traders.