Shareholders of Hasbro, Inc. (Symbol: HAS) can enhance their income by selling covered calls at a $85 strike price, with a September 2026 expiration. This strategy could yield an additional 11.1% annual return on top of the current 3.4% dividend yield, totaling a potential 14.5% annualized return if shares are not called away. However, any upward movement above $85 results in lost upside for shareholders.
As of the latest trading day, Hasbro’s stock price was $82.52, with a trailing twelve-month volatility of 35%. On Monday’s trading, the S&P 500 options market reported 1.64 million call options against 856,151 put contracts, indicating a put:call ratio of 0.52, signifying higher call volume compared to puts.
