If we earn the dividend, and if GSK closes above $35 at expiration on December 22, we will be assigned and compelled to sell our shares at $35. This would produce a total return of $1.41 per share on $34.95 per share at risk, or 4.03%.
Dr Reddy’s stock has given a return of 18.88 percent over the last six months. The benchmark Nifty50 index has given a return of 14.30 percent over the same duration.
Growth stocks have been punished in 2022. The Fed s aggressive rate hikes throughout the year panicked investors who abandoned ship and caused major sell offs in tech.