little river casino commercial(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. Slumping Penn National Gaming (NASDAQ:PENN) stock is among 10 names Bank of America recommends as top near-term covered call ideas. 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. live casino pittsburghBank of America recommends selling calls on the stock. 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. Slumping Penn National Gaming (NASDAQ:PENN) stock is among 10 names Bank of America recommends as top near-term covered call ideas. online casino real money safe

bicycle casino wedding

south lake tahoe casino newsald man. Penn National Gaming’s Hollywood Casino in Pennsylvania. 20, which traded around .05 per contract last week. lake tahoe casinos hoursAnother player, Geoff Hunter, said he also was robbed at the Rio at gunpoint in 2019.The Rio casino has hosted the WSOP annually at the casino since 2005.In 2020, federal authorities arrested a man for stealing more than ,000 worth of casino chips from a pai gow table at the Rio’s gaming floor back in 2011. Bank of America recommends selling calls on the stock. 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. fanduel casino bonus reddit

intertops casino promo code

turtle creek casino foodThe property was purchased nine years later by Harrah’s Entertainment — which would lfree lightning slot machinesater become Caesars Entertainment — for 8 million. 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. ald man. ald man. 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. The Rio is managed by Caesars Entertainment.The pandemic slowed the Rio’s plans to upgrade, according to Birnbaum. casino mabachusetts