EXC

Put Selling and Upside Potential: Selling a put option does not provide the same upside potential as owning shares, as the seller only acquires shares if the contract is exercised under specific conditions.

Counterparty Risk and Premiums: The only benefit for the put seller is collecting the premium, which offers a 3.5% annualized return unless Exelon Corp's shares drop significantly.

Volatility and Trading History: Analyzing Exelon Corp's historical volatility and trading history can help assess whether selling the January 2027 put at a $40 strike price is a worthwhile risk-reward scenario.

Current Market Activity: Recent trading data shows an unusual increase in put buying among S&P 500 components, with a put:call ratio of 0.71, indicating more put buyers than expected.

Energy Assistance Programs: ComEd is encouraging customers in northern Illinois to utilize various support options for managing past-due balances and energy usage, especially following the end of the LIHEAP funding season on August 15.

Rising Energy Costs: The region has experienced a significant increase in energy usage due to hotter-than-normal summer temperatures, leading to higher electric bills, with July seeing a 15% increase in consumption.

Available Support Options: ComEd offers multiple assistance programs, including Supplemental Arrearage Reduction (SARP), Catch Up and Save, flexible payment arrangements, budget billing, and community solar initiatives to help customers manage their energy costs.

Future Initiatives: A new Customer Relief Fund was launched to assist residential and nonprofit customers facing financial difficulties, with plans for a Low-Income Discount program set to begin next year to provide ongoing support based on income levels.

Grant Program Overview: ComEd and Openlands announced the 2025 Green Region Grant Program, awarding over $150,000 in grants of up to $10,000 each to 18 recipients for projects aimed at enhancing green spaces and combating climate change in northern Illinois.

Impact of Previous Grants: Since its inception in 2013, the program has distributed over $2.45 million to nearly 300 conservation projects, resulting in significant environmental improvements such as restored land, ADA-accessible trails, and new tree plantings.

Focus on Climate Resilience: This year's grant recipients were selected with special consideration for projects that address climate change adaptation and support pollinator conservation, reflecting a commitment to sustainable community development.

Diverse Project Initiatives: The funded projects include creating native gardens, restoring natural landscapes, developing educational spaces for children, and enhancing habitats for pollinators, showcasing a variety of community-driven environmental initiatives.