HF Sinclair Buy Write Feasts On Dino-Sized Call Premium, Chases 56% Annualized Return
On the buy write as presented, if DINO closes above $55 at expiration on February 16, we would earn $2.50 per share on $52.50 per share at risk, or 4.76%. Over 31 days, that would be an annualized return of 56%.