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turtle creek casino email addreb(Image: Baltimore Sun)Covered calls are an options strategy also known as call writing, or call selling, in which an investor sells call options on a stock he or she owns. The recent bearishness in the name could be conducive to call writing, because it limits the risk investors will have their shares called away, while still being able to generate some upside from a stock that’s offered little of it of late.Bank of America Strategy for PennBank of America recommends selling the Penn calls expiring Aug. 20, which traded around .05 per contract last week. raging bull casino 50 free 2021He weighed between 160 and 190 pounds. With that decline, the once hot regional casino operator has been more than cut in half from its 52-week high of 2 set in March, and is off 23.34 percent year-to-date — good for one of the worst showings among casino stocks.Still, Penn has its supporters, with Goldman Sachs recently placing the name, along with Las Vegas Sands (NYSE:LVS), on a list of 10 stocks with the most upside potential relative to their 12-month price targets.Last Friday, Penn National closed just over , a level the stock hadn’t seen since last December, and it hasn’t traded above its 200-day moving averagecashman casino pc in over two months. Slumping Penn National Gaming (NASDAQ:PENN) stock is among 10 names Bank of America recommends as top near-term covered call ideas. is angel of the winds casino 18+

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