For the buy write today, if DK closes above $27.50 at expiration, you would be compelled to sell at $27.50 and earn $1.55 per share on $25.95 per share at risk, or 5.97%. On an annualized basis, that would be 41.9% for the 52-day holding period.
On the buy write, if SCS closes above $12.50 at expiration on December 15, these calls would be assigned and our SCS stock would be sold at $12.50. This would produce a gain of $0.60 per share on $11.90 per share at risk, or 5.04%. Over a 24-day period, the annualized return would be 76.7%.
For the buy write, if SCVL closes above $25 on December 15, you will be assigned and earn $1.65 per share on $23.35 per share at risk, or 7.1%. Over a 24-day period, that would be an annualized return of 107.5%.
If we earn the dividend at the end of this month, and if WY closes above $32 at expiration on December 15, we will be assigned and our total return would be $0.99 per share on $31.20 per share at risk, or 3.17%. Over 29 days, that s an annualized return of 39.9%.
On the buy write, if Intel closes above $44 on December 29, you would be assigned and earn $2.55 per share on $41.45 at risk for a total return of 6.15%. Over a 43-day holding period, the annualized return would be 52.2%.