2 Covered Call Ideas on FUTU Stock

Group 1 - Futu Holdings (FUTU) has experienced a significant increase of 45.70% in stock price over the last three months, with an implied volatility of 54.19% [1][3] - The company offers a digitized brokerage platform, primarily engaged in online brokerage services and margin financing services [8] - The Barchart Technical Opinion rating for FUTU is 88% Buy, indicating a strengthening short-term outlook and support for a bullish trend [7] Group 2 - A covered call strategy can generate income from high volatility stocks like FUTU, with two examples provided for different expiration periods [2][3] - The first covered call example involves buying 100 shares of FUTU for approximately $17,800 and selling an October 17, 180-strike call option for $9.70, generating a premium of $970 [3][4] - The second example involves selling a March 180-strike call option for $26.85, which generates an income of 17.8% over 181 days, equating to around 35.8% annualized [5]