PGNY

Put Contract Overview: The $25.00 put contract for PGNY has a bid of $2.80, allowing investors to buy shares at a cost basis of $22.20, which is attractive compared to the current price of $26.19. There is a 65% chance the contract may expire worthless, potentially yielding an 11.20% return on cash commitment.

Call Contract Overview: The $30.00 call contract has a bid of $2.70, offering a potential total return of 24.86% if the stock is called away by August 2026. The contract is out-of-the-money by approximately 15%, with a 52% chance of expiring worthless, which would still provide a 10.31% additional return.

Volatility Insights: The implied volatility for the put contract is 51% and for the call contract is 50%, while the actual trailing twelve-month volatility is calculated at 47%, indicating a stable trading environment for PGNY.

YieldBoost Concept: Both the put and call contracts offer a "YieldBoost," with the put providing a potential 16.69% annualized return and the call offering a 15.36% annualized return if the contracts expire worthless.

Zacks Rank Upgrade: Progyny (PGNY) has been upgraded to a Zacks Rank #2 (Buy), indicating a positive outlook on its earnings estimates, which are crucial for stock price movements.

Earnings Estimate Revisions: The Zacks Consensus Estimate for Progyny has increased by 8% over the past three months, reflecting analysts' growing confidence in the company's earnings potential.

Investment Strategy: The Zacks rating system, known for its strong track record, categorizes stocks based on earnings estimate revisions, with only the top 20% receiving a "Buy" or "Strong Buy" rating, suggesting Progyny's potential for market-beating returns.

Market Opportunities: The article highlights the potential for significant returns from lesser-known stocks, with previous recommendations achieving impressive gains, encouraging investors to consider these opportunities.