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On the buy write, if you earn the $0.32 per share dividend on September 6, and if HRB closes above $40 at expiration on October 20, you would earn $2.27 per share on $38.05 per share at risk, or 5.97%. Over 64 days, that would be an annualized return of 34%.
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%.
If we earn the dividend, and if VIRT closes above $19 at expiration, we would earn $0.89 per share on $18.35 per share at risk, or 4.85%. Over 36 days, the annualized return would be 49.2%.
If FLS closes above $40 at expiration, we will be assigned and our FLS shares sold at $40, which would produce a profit of $1.75 per share on $38.25 per share at risk, or 4.58%. Over 36 days, the annualized return would be 46.4%.
If we earn the August 14 dividend, and if IGT closes above $33 on September 15, we will be assigned and earn $1.65 per share on $31.55 per share at risk, or 5.23%. Over a 42-day holding period, that would be an annualized return of 45.4%.