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Walking Into 69% Annualized Return Potential With Wolverine World Wide Buy Write
![Walking Into 69% Annualized Return Potential With Wolverine World Wide Buy Write Walking Into 69% Annualized Return Potential With Wolverine World Wide Buy Write](https://i0.wp.com/imageio.forbes.com/specials-images/imageserve/66bb94bad4a79b1836a0afb9/0x0.jpg?format=jpg&height=900&width=1600&fit=bounds&w=780&resize=780,470&ssl=1)
If WWW closes above $12.50 at expiration on September 18, our shares will be sold at $12.50, producing a profit of $0.80 per share on $11.70 per share at risk for a total return of 6.84%. Over a 36-day holding period, the annualized return would be 69.3%.
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