Futu Holdings Limited - American Depositary Shares (FUTU) Covered Calls

You can sell covered calls on Futu Holdings Limited - American Depositary Shares to lower risk and earn monthly income. Born To Sell's covered call screener gives you customized search capabilities across all possible covered calls but here are a couple of examples for FUTU (prices last updated Tue 4:16 PM ET):

Futu Holdings Limited - American Depositary Shares (FUTU) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
153.58 +10.32 153.00 154.46 2.4M 128 1.6
Covered Calls For Futu Holdings Limited - American Depositary Shares (FUTU)
Expiration Strike Call Bid Net Debit Return
If Flat
Annualized
Return If Flat
Mar 20 152.5 6.70 147.76 3.2% 106%
Apr 17 155 9.10 145.36 6.3% 59.0%
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Extended Business Description

Futu Holdings Limited operates digitized brokerage and wealth management platform in Hong Kong, China, the United States, and internationally. The company's platform offers investing services, including trade execution and margin financing which allows to trade securities, such as stocks, warrants, options and exchange-traded funds in various markets; and wealth management services, which offers various leading fund products, including money market, fixed income, and equity funds products. Its margin financing and securities lending services provides real-time and cross-market securities-backed financing services; and market data and information services. The company was founded in 2011 and is headquartered in Admiralty, Hong Kong.

 
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Covered Call Strategy Risks: While covered call writing is often considered a conservative options strategy, it is not without risk. By selling a covered call, you are limiting your potential upside profit from the underlying stock. You remain exposed to the full downside risk of owning the underlying stock. In the event of a significant decline in the stock price, the premium received may not be sufficient to offset your losses.

No Guarantee of Performance: Past performance is not indicative of future results. Any examples, calculations, or hypothetical scenarios presented on this site are for illustrative purposes only and do not guarantee future returns or outcomes. Market conditions, liquidity, and trading system failures can affect your ability to execute trades at desired prices.

You should consult with a qualified professional advisor and conduct your own due diligence before making any investment decisions. By using this website, you acknowledge that you are responsible for your own investment decisions and agree to release this site and its affiliates from any liability relating to your use of this information. See the OCC's Characteristics and Risks of Standardized Options for more info.