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MTR Investors Group goal is to provide the best Covered / Naked, Credit Spread, and Iron Condor Option Screeer on the web. Screen over 3,100 stocks and over 270,000 options in seconds to find the best possible trades! Option writers use our screener to find options trades that have the highest... More
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  • Covered Call Value Play (AMED) 5.38% ROI in 39 Days 0 comments
    Oct 12, 2010 7:18 PM | about stocks: AMED
    Running an Advanced Option screener today looking for good covered call opportunities on value stocks for the 11/20 expiration date.

    The first stock that came up on the list, which was closed out naked put trade this week is (NASDAQ:AMED). AMED is a value play with a P/E of 5.50. There were four potential trades that came up for (AMED).  

    The $26 in the money strike on AMED has a 5.15% ROI for 39days. The covered call that looked most compelling is the out of the money $28 strike with 5.38% ROI and 7.38% downside protection. 

    The risk/reward on the $28 strike makes this trade more attractive than the ITM strikes.  Now the research to make sure from a fundamental standpoint this is a good pick.

    These results were pulled from the Expert Option Search on
    Themes: Covered Calls Stocks: AMED
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