Pursuing 37% Annualized Return On Buy Write With In-The-Money Steelcase Calls

If SCS closes above $12.50 at expiration on March 15, these calls would be assigned and our SCS stock would be sold at $12.50, producing a gain of $0.45 per share on $12.05 per share at risk, or 3.73%. Over a 36-day period, the annualized return would be 37.9%.

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