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Barchart
Mark R. Hake, CFA

Intuit Stock Is Trading Flat - But Shorting One-Month Puts and Calls Yield 1.0%

Our analysis shows that Intuit Inc.'s (INTU) stock could be undervalued, but INTU has been trading flat since its earnings release and dividend hike. Nevertheless, shorting near-term out-of-the-money options yields 1.0%.

INTU is trading for $643.96 on Dec. 24, down slightly from Nov. 20 ($650.60), the day before it released Q3 earnings on Nov. 21.

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