Options Trade Idea on HOOD Stock

本站添加: 2026-05-25

[00:00:00]This is stock that's come down from 120 and change down to this mean right around $75. If I leave my line right there, it seems like it's been north and south of this number. Well, what do I want to do? Take advantage of opportunity here. I think I'm getting a hood on the cheap. I think volatility is high as the IV rank is 40. So, I'm going to do a covered call. What's a covered call, you ask? Well, all my boomers in the world should know. I'm going to July here with 57 days, giving myself some time to be right. Matter of fact, July volatility is actually higher than June volatility. So, for me, that sets up to be the right trade. So, I'm going to buy the stock with one click, and I'm going to go to my July options, and I'm going to sell the at-the-money or just out-of-the-money first strike out-of-the-money would be the 80 strike with the stock at 75. I'm going to buy the stock, sell the calls