casino pier surf cardSlumping Penn National Gaming (NASDAQ:PENN) stock is among 10 names Bank of America recommends as top near-term covered call ideas. Writing 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. (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. seneca niagara casino donation requests“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. 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. The Rio is managed by Caesars Entertainment.The pandemic slowed the Rio’s plans to upgrade, according to Birnbaum. choctaw casino phone number

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lake tahoe harrah s house for saleIt is located west of the Strip near Caesars Palace. To remain anonymous, call Crime Stoppers at 702-835-5555.Prior Crimes at RioPoker pro Joe Sal said in 2019 that he was robbed at gunpoint after leaving a World Series of Poker (WSOP) event at the Rio. He fled from the off-Strip hotel-casino after grabbing the loot at around 8 am.Few details are available from authorities on the robbery. liberty slots downloadHe said he expects a “monster refresh” at the property in the next few years. It will be rebranded in a partnership with Hyatt Hotels.Penn & Teller have been the resort’s entertainment headliners for the past two decades.Upgrade Planned for HotelFollowing last year’s outbreak of COVID-19, the Rio casino was shuttered for nine months. On June 25, he wore jeans, a gray hoodie, and a pair of black shoes, KVVU, a local TV station, reported. is the bicycle casino 18 and over

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poker casino sofiaTwo other men previously pleaded guilty to charges connected with that robbery.The Rio opened in January 1990. 20, which traded around .05 per contract last week. Bank of America recommends selling calls on the stock. 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 averagefree lightning slot machines in over two months. Also, in January Eric Birnbaum, CEO at Dreamscape Companies, denied rumors that a baseball stadium would be built at the Rio site, or that the hotel-casino would be demolished, according to the Las Vegas Review-Journal.Dreamscape owns the resort and 22 acres of unused property at the location. Bank of America recommends selling calls on the stock. casino with roulette table near me