Consumer Cyclical
GME
GameStop Corp.
High premium from GameStop (GME) with covered calls and cash secured puts. Famous meme stock with retail interest.
Monthly Premium6.0-12.0%
Annualized Return72-144%
Stock Price$25-40
IV RankVery High (75-95)
Options LiquidityExcellent
Dividend Yield0%
Why GME for Covered Calls & Cash Secured Puts?
GME offers extremely high premium due to meme stock status and retail interest. Unpredictable but lucrative for premium sellers.
Example Covered Call Trade
GMECovered Call
Strike Price$40 (20% OTM)
Expiration30 days
Premium$3.00 per share
Return If Flat9.1% ($300)
Return If Called29.1% ($960)
Keep Probability58% keep shares
Recommended Strategy for GME
For traders comfortable with meme volatility. Sell calls 15-25% OTM weekly or monthly.
Risks to Consider
- Extreme unpredictability
- Squeeze potential
- Declining fundamentals
- Cash burn
- Management uncertainty
Analyze GME Covered Calls Now
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