|Bid||106.52 x 800|
|Ask||106.52 x 800|
|Day's Range||105.93 - 107.58|
|52 Week Range||79.11 - 121.53|
|Beta (5Y Monthly)||0.79|
|PE Ratio (TTM)||28.75|
|Earnings Date||Oct 28, 2021 - Nov 01, 2021|
|Forward Dividend & Yield||5.20 (4.85%)|
|Ex-Dividend Date||Oct 14, 2021|
|1y Target Est||125.96|
If ABBV closes above 110 on the expiration date, the shares will be called away at 110, leaving the trader with a total gains of $555.
For today's trade, we're looking at a covered call in AbbVie stock. With markets looking shaky, investors looking to increase their income can use covered calls and cash secured puts on high dividend stocks.
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts usually don’t make them change their opinion towards a company. This time it may be different. The coronavirus pandemic destroyed the high correlations among major industries and asset classes. We are […]