Buckle Buy Write Feasts On Dividends With Ex-Dividend Date Tomorrow

If BKE closes above $42.50 on February 16, our shares would be sold at $42.50 and we would earn, including dividends, $2.70 per share on $42.65 per share at risk, or 6.33%. Over a 37-day holding period, that would be an annualized return of 62.5%.