Investing Newsletters
Oct 8, 2024
Writing In-The-Money Calls On Steelcase Buy Write For 35% Annualized Return Potential
If SCS closes above $12.50 at expiration on November 15, these calls would be assigned and our SCS stock would be sold at $12.50, producing a return of $0.44 per share on $12.06 per share at risk, 3.65%. Over a 38-day period, the annualized return would be 35%.