Trading for PNW July 2026 Options Commences
Put Contract Overview: The $85.00 put contract for PNW has a bid of $2.30, allowing investors to buy shares at a cost basis of $82.70, which is a 5% discount from the current price of $89.38. There is a 64% chance the contract may expire worthless, offering a potential 2.71% return on cash commitment.
Call Contract Overview: The $90.00 call contract has a bid of $4.40, and if shares are purchased at $89.38 and the call is sold, it could yield a total return of 5.62% if the stock is called away by July 2026. There is a 50% chance this contract may also expire worthless, providing a 4.92% additional return.
Volatility Insights: The implied volatility for the put contract is 22%, while for the call contract it is 20%. The actual trailing twelve-month volatility is calculated at 17%, based on the last 250 trading days.
YieldBoost Concept: The article discusses the concept of YieldBoost, which refers to the additional returns investors can earn from options contracts, highlighting the potential benefits of both put and call strategies for PNW stock.
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Trump Administration Cancels $1.8B Loan Guarantee for Pinnacle West
- Loan Guarantee Cancellation: The Trump administration has canceled an $1.8 billion loan guarantee for Pinnacle West's Arizona utility subsidiary, which was intended for renewable energy deployment, significantly impacting the company's future clean energy investment plans.
- Financing Review Impact: This cancellation is part of a broader review of approximately $30 billion in financing from the Biden administration, indicating a major shift in policy direction that could lead to a more challenging financing environment for clean energy projects.
- Project Details Disclosure: The loan guarantee was earmarked for renewable energy, electric transmission lines, and a battery storage project linked to an existing solar site, and its failure to finalize will hinder Arizona's energy transition efforts.
- Subsequent Project Cancellations: In addition to Pinnacle West's project, the Department of Energy has also canceled financing commitments to other companies, including a $3 billion loan guarantee to solar developer Sunnova Energy, reflecting a diminishing government support for clean energy initiatives.

Utility Stocks See EPS Revisions Upward, Engie Receives A+ Rating
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- Analyst Confidence Rising: The EPS revision ratings reflect an increase in analysts' confidence regarding profitability, with Atmos Energy Corporation and AXIA Energia SA receiving A and A ratings respectively, suggesting improving earnings capabilities.
- Market Focus: Major utility stocks like Brookfield Infrastructure Partners and Sempra have also achieved A ratings in EPS revisions, drawing significant investor interest that could lead to stock price increases.
- Increased Investor Interest: Ameren Corporation and Consolidated Edison, rated A-, demonstrate ongoing market interest in their growth potential, which may influence future investment decisions.








