If DVN closes above $49 on August 2, the buy write will produce a return of $1.90 per share on $47.10 per share at risk, or 4.03%. Over a 31-day period, that would be an annualized return of 47.5%.
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If DVN closes above $49 on August 2, the buy write will produce a return of $1.90 per share on $47.10 per share at risk, or 4.03%. Over a 31-day period, that would be an annualized return of 47.5%.
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