If CTRA closes above $27 on July 26, our calls would be assigned. The buy write would earn $0.70 per share on $26.30 at risk, or 2.66%. Over a holding period of 17 days, that would be an annualized return of 57.1%.
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Coterra Energy Call Write Pumps In Premium Ahead Of Earnings
![Coterra Energy Call Write Pumps In Premium Ahead Of Earnings Coterra Energy Call Write Pumps In Premium Ahead Of Earnings](https://i1.wp.com/imageio.forbes.com/specials-images/imageserve/668d7b26def8f355bc19461d/0x0.jpg?format=jpg&height=900&width=1600&fit=bounds&w=1024&resize=1024,1024&ssl=1)