|Bid||0.00 x N/A|
|Ask||0.00 x N/A|
|Day's range||104.39 - 104.39|
|52-week range||104.39 - 104.39|
|Beta (5Y monthly)||0.83|
|PE ratio (TTM)||24.17|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
For today's trade, we're looking at a covered call in AbbVie stock. With markets looking shaky, investors looking to increase their income can use covered calls and cash secured puts on high dividend stocks.
AbbVie Inc. (NYSE: ABBV) recently cratered, as modest yearly gains almost got wiped out in a single session. Meanwhile, downward pressure continues as the price looks to test the support around US$100 for the third time this year. We will examine the dividend as the stock dips down below the P/E of 30 since a 4.8% yield is certainly interesting at the right price.
Does the September share price for AbbVie Inc. ( NYSE:ABBV ) reflect what it's really worth? Today, we will estimate...