RTX Corp (Symbol: RTX) offers shareholders the opportunity to enhance their income by selling a January 2027 covered call at the $190 strike, collecting a premium bid of $5.05, which translates to an additional 2.3% annualized rate of return. Combined with the current 1.9% annualized dividend yield, this presents a total potential yield of 4.2%. The share price would need to rise by 30.5% for the stock to be called away, resulting in an overall return of 33.9% for shareholders if called, along with any dividends accrued.
As of the most recent market data, RTX is priced at $145.76, and the company’s trailing twelve-month volatility stands at 27%. On a recent Thursday afternoon, put volume among S&P 500 components was 962,087 contracts versus call volume of 1.74 million, resulting in a put:call ratio of 0.55, which indicates a strong preference for call options among traders.
