If we earn Tuesday’s dividend, and if JWN closes above $23.00 on October 4, we’ll be assigned and earn $1.64 on $21.55 per share at risk, or 7.6%. Over 36 days, that would be 77.2% on an annualized basis.
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Nordstrom Buy Write Bags Labor Day Dividend With 77% Annualized Return Potential
