On the buy write, if we earn the dividend, and if GAP closes above $26 at expiration on January 17, you would earn $1.60 per share on $24.55 per share at risk, or 6.52%. Over 43 days, that would be an annualized return of 55.3%.
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On the buy write, if we earn the dividend, and if GAP closes above $26 at expiration on January 17, you would earn $1.60 per share on $24.55 per share at risk, or 6.52%. Over 43 days, that would be an annualized return of 55.3%.
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