On the buy write, if GEN closes above $22.00 on January 19, you will be assigned and earn $1.20 per share on $20.80 per share at risk, or 5.77%. Over a 52-day holding period, the annualized return would be 40.5%.
If we earn the dividend, and if GEN closes above $21.00 on September 15, we will be assigned and earn $0.775 per share on $20.35 per share at risk, or 3.81%. Over a 31-day holding period, the annualized return would be 44.8%.
To date, 84% of skilled nursing residents and 61% of skilled nursing staff have been vaccinated; Staff acceptance rates far exceed national average as.