Shareholders of Permian Resources Corp (PR) can boost their income by selling the April 2026 covered call at the $15 strike, with a bid of 80 cents. This results in an additional 14.1% rate of return, totaling an 18.5% annualized rate if the stock is not called away. The stock would need to rise by 12.5% to reach $15 and be called away. In options trading, call volume is currently high compared to puts, with a put:call ratio of 0.50. Traders are favoring calls over puts.

Looking at PR’s dividend history can help determine the likelihood of a 4.5% annualized dividend yield. The stock’s trailing twelve month trading history shows the $15 strike highlighted in red. The historical volatility of PR is 45%, which can aid in assessing the risk-reward of selling the covered call. For more options contract ideas, visit the PR Stock Options page.

Read more at Nasdaq: Strategy To YieldBoost PR To 18.5% Using Options