Double Dipping On Premium And Mini Dividend With Utz Call Write

On the buy write, if UTZ closes above $17.50 on September 20, you would be assigned and earn $1.409 per share (including the $0.059 per share dividend) on $16.15 per share at risk, or 8.72%. Over a holding period of 45 days, the annualized return would be 70.8%.