Trade Thesis for Teladoc Health (TDOC):
- The stock is down ~46% from its recent peak, but tailwinds remain.
- This pullback has created a nice opportunity for cash-secured puts.
- Strike Zone is $136.00 - $149.00
Trade Analysis (Click the video below)
Cash-Secured Put Analysis
Based on your personal risk tolerance, consider the following cash-secured put options with various risk/reward profiles
(target monthly yield = 1.5%-3.0%)
TDOC July 16th $155.00 Put
Price (Premium): ~$2.43
MoS %: 6.1%
(target monthly yield = 1.0%-1.5%)
TDOC July 16th $150.00 Put
Price (Premium): ~$1.39
MoS %: 9.1%
(target monthly yield = 0.5%-1.0%)
TDOC July 16th $145.00 Put
Price (Premium): ~$0.80
MoS %: 12.2%
AMY % = Average Monthly Yield % / MoS % = Margin-of-Safety %
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