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Clear Secure Inc (Symbol: YOU) shareholders can enhance their income by selling a May 2026 covered call at a $39 strike, collecting a premium with a $2.10 bid, which translates to an annualized return of 11.7%. This additional yield boosts the total annualized return to 13.3% if the stock is not called away. Currently, YOU shares would need to increase by 22.8% from the current price of $31.79 for this call to be executed, resulting in a 29.4% return including dividends, should the stock be called.
As of Tuesday, the put volume among S&P 500 components was 616,962 contracts, while call volume reached 1.27 million, leading to a put:call ratio of 0.48. This figure indicates a preference among option buyers for calls, significantly lower than the long-term median put:call ratio of 0.65.
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