If Dow closes above $51 on November 15, the calls would be assigned and we would earn $1.40 per share on $49.60 at risk for a total return of 2.82%. Over a 22-day holding period, that would be an annualized return of 46.8%.
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If Dow closes above $51 on November 15, the calls would be assigned and we would earn $1.40 per share on $49.60 at risk for a total return of 2.82%. Over a 22-day holding period, that would be an annualized return of 46.8%.
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