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If we earn the dividend, and if WMB closes above $36 on December 15, we will earn $1.60 per share on $34.85 at risk, or 4.59%. Over a holding period of 43 days, the annualized return would be 39%.
On the buy write, if NOG closes above $40 at expiration, you would earn $2.70 per share on $37.30 per share at risk, or 7.24%. Over a 43-day holding period, the annualized return would be 61.4%.
Buy 300 BWMX, and sell to open 3 contracts of $12.50 November 17 calls for a net debit (stock price minus options premium) of $12.10 or lower.
If we earn the dividend, and if AGR closes above $30 at expiration on December 15, we would earn $1.77 per share on $28.70 per share at risk, or 6.17%. Over 45 days, that would be an annualized return of 50%.
For the buy write, if you earn the dividend and if Dow closes above $51 on December 1, you would earn $3.05 per share on $48.65 at risk for a total return of 6.27%. Over a 38-day holding period, that would be an annualized return of 60.2%.