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Fueling Up With Premium From Petrobras Call Write
![Fueling Up With Premium From Petrobras Call Write Fueling Up With Premium From Petrobras Call Write](https://i0.wp.com/imageio.forbes.com/specials-images/imageserve/668d6cf0f1c55e0fd9f7954f/0x0.jpg?format=jpg&height=900&width=1600&fit=bounds&w=780&resize=780,470&ssl=1)
On the buy write, if PBR closes above $15.50 at expiration on August 2, your shares will be automatically sold at $15.50, producing a profit of $0.65 per share on $14.85 per share at risk, or 4.38%. Over a 24-day holding period, the annualized return would be 66.6%.
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