NBIS provides growth and income via covered calls driven by high implied volatility (89).
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So, look at Navios stock. I'll show you how this stock has both growth and income. So, look, I'm choosing the November expiration option here. If I go to 'sell call' , you'll see that the 25% covered call here has a pretty good growth as well as an incredible premium.
But, if I go even higher, like at the 270 strike price, which is about $30 away from the current price, then the premium here is about $20, which is incredible.
You can have both , as I just showed with the example of NBIS.
Let's go back to the valuable information I gave you earlier about NBIS. The reason I am able to sell an out-of-the-money call option for $270, even though the stock is currently trading at $241, is because I am collecting a huge premium and also have the opportunity to make a huge profit.
So, I get the best of both income and growth, which is due to its high implied volatility. The implied volatility here is 89, which is unusually high. And the reason for this is that the stock is really quite risky.
It sometimes fluctuates by a few tens of dollars a day and has high implied volatility.
What this channel has said about $NBIS
Invest with Henry has only this one call on this stock.