Welltower Stock Looks Ready to Roar Higher

 

 

Short-term options traders have been flocking toward puts, too. This is per WELL’s Schaeffer's put/call open interest ratio (SOIR) of 1.35 that ranks in the 96th percentile of its annual range. Plus, these options are looking affordable, per the stock’s Schaeffer's Volatility Index (SVI) of 25%, which stands higher than just 25% of all other readings from the past year.
 
Our recommended March call has a leverage ratio of 9.4 and will double on a 10.4% rise in the underlying equity.