If we earn the dividend in one month, and if NOG closes above $40 at expiration on October 18, we will be assigned and earn $2.17 per share on $38.25 per share at risk, or 5.67%. Over a 52-day holding period, the annualized return would be 39.8%.
Northern Oil & Gas Buy Write Fills Us Up With Premium And Dividend For 39% Annualized Return Potential
John Dobosz
Forbes Staff
Forbes Premium Income Report
Investing Newsletter
Updated Aug 27, 2024, 02:26pm EDT