Market News Video
MNV MNV The 10 Most Popular Large-Caps in ETFs
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

CLGX Crosses Above Average Analyst Target
Tuesday, October 6, 8:08 AM ET, by Market News Video Staff

In recent trading, shares of CoreLogic Inc. (CLGX) have crossed above the average analyst 12-month ...

CLGX December 18th Options Begin Trading
Thursday, October 15, 1:01 PM ET, by Market News Video Staff

Investors in CoreLogic Inc. (CLGX) saw new options begin trading today, for the December 18th ...

Interesting CLGX Put And Call Options For July 2021
Thursday, November 19, 11:27 AM ET, by Market News Video Staff

Investors in CoreLogic Inc. (CLGX) saw new options begin trading today, for the July 2021 ...

CoreLogic Moves Up In Market Cap Rank, Passing Alaska Air Group
Friday, November 20, 4:39 PM ET, by Market News Video Staff

In the latest look at stocks ordered by largest market capitalization, Russell 3000 component CoreLogic ...

February 2021 Options Now Available For CoreLogic (CLGX)
Thursday, December 17, 1:04 PM ET, by Market News Video Staff

Investors in CoreLogic Inc. (CLGX) saw new options begin trading today, for the February 2021 ...

CLGX January 2022 Options Begin Trading

By Market News Video Staff, Thursday, May 20, 12:06 PM ET
Play Video: The Importance of ETFs

If the video does not load after a few moments, Upgrade to the Latest Flash Player.

Investors in CoreLogic Inc. (NASDAQ:CLGX) saw new options become available today, for the January 2022 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 246 days until expiration the newly available contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the CLGX options chain for the new January 2022 contracts and identified the following call contract of particular interest.

The call contract at the $80.00 strike price has a current bid of 5 cents. If an investor was to purchase shares of CLGX stock at the current price level of $79.58/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $80.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 0.59% if the stock gets called away at the January 2022 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if CLGX shares really soar, which is why looking at the trailing twelve month trading history for CoreLogic Inc., as well as studying the business fundamentals becomes important. Below is a chart showing CLGX's trailing twelve month trading history, with the $80.00 strike highlighted in red:

Considering the fact that the $80.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 0.06% boost of extra return to the investor, or 0.09% annualized, which we refer to as the YieldBoost.

Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $79.58) to be 33%. For more put and call options contract ideas worth looking at, visit

This Article's Word Cloud:   CLGX   Channel   Considering   CoreLogic   January   Options   Stock   YieldBoost   also   available   call   chart   contract   contracts   covered   current   expiration   expire   fillColor   greeks   history   investor   left   looking   month   odds   option   options   premium   price   represent   return   sell   shares   stock   strike   that   they   those   time   today   trading   trailing   twelve   well   which   will   with   worthless   would
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy
Home  |  Analyst News  Dividend Report  ETFs  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV MNV Stock Message Boards Stock Market Definitions

CLGX January 2022 Options Begin Trading | Market News Video | Copyright © 2008 - 2021, All Rights Reserved

Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.