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harrah s cherokee casino las vegasWriting calls on Penn National stock at the strike was one of the top 10 ideas generated by the Bank, and the only one involving a casino equity.Good Idea for Near-Term Upside with Penn National StockWhile the largest regional casino operator still has fans on Wall Street, the shares are locked in a now-lengthy slump.Penn National slid 9.7 percent last week as reopening plays, including gaming equities, were sold-off due to concerns about the coronavirus Delta variant potentially sapping demand. “Covered call strategies tend to outperform outright stock ownership in flat, down and slightly up markets.”The bank examined 5,000 potential covered call ideas on members of the widely followed Russell 1000 Index pertaining to the upcoming August 20 expiration. He is 5-feet, 5-inches to 5-feet, 8-inches in height. Bank of America recommends selling calls on the stock. (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. On June 25, he wore jeans, a gray hoodie, and a pair of black shoes, KVVU, a local TV station, reported. raging bull casino email

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