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nugget casino resort reno sparks nvBank of America recommends selling calls on the stock. Slumping Penn National Gaming (NASDAQ:PENN) stock is among 10 names Bank of America recommends as top near-term covered call ideas. 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. sycuan casino live up closeHe said he expects a “monster refresh” at the property in the next few years.It is located west of the Strip near Caesars Palace. 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. black hawk casino in denver resorts world casino katrina bookmanwhat is the best free slot gameHe fled from the off-Strip hotel-casino after grabbing the loot at around 8 am.Few details are available from authorities on the robbery. Bank of America recommends selling calls on the stock. Still unclear is where in the hotel-casino the robbery took place.Casino.org reached out to the hotel for comment and additional information but did not hear back immediately.Anyone with information on the case can contact Metro police at 702-828-3591. casinochan2He is 5-feet, 5-inches to 5-feet, 8-inches in height. 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. He said he expects a “monster refresh” at the property in the next few years.cashman casino free coins twitter coushatta casino free slotsfree casino slot games no download or registrationWriting 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. He is 5-feet, 5-inches to 5-feet, 8-inches in height. “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. “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. Typically, covered calls are used as an income-generating play on an equities market participants believe will trade sideways, to the downside, or slightly higher into its expiration date.While covered call strategies will underperform stocks in fast bcashman casino pcull markets, they will still realize significant profits,” writes a team of Bank of America analysts led by Gonzalo Asis. 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. fanduel casino update poker casino 777 |