Tecnoglass Buy Write Targets 59% Annualized Return Through July 19

If we earn an $0.11 dividend later this month, and if TGLS closes above $45.00 on July 19, our shares will be sold at $45.00, producing a total return of $2.61 per share on $42.50 per share at risk, or 6.14%. Over a 38-day holding period, the annualized return would be 59%.