CLLS Dividend Type Payments
Although CLLS has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Cellectis S.A. - American Depositary Shares to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 4:16 PM ET):
| Cellectis S.A. - American Depositary Shares (CLLS) |
|---|
| Bid |
Ask |
Last |
Change |
Volume |
P/E |
Market Cap |
| 4.56 |
5.00 |
4.69 |
-0.09 |
115K |
- |
0.0B |
CLLS Dividend-Like Income Using Covered Calls
With CLLS at 4.69, here's a table showing how big the annual "dividend" (i.e. total annual call premium received) would need to be to attain 3%, 5%, and 10% annual yields. Also shown is the equivalent number of cents/day necessary to achieve each yield:
| Annual Yield |
Annual Premium |
Cents/Day |
| 3% |
0.14 |
0.0 |
| 5% |
0.23 |
0.1 |
| 10% |
0.47 |
0.1 |
So now we need to find out of the money covered calls that pay at least the prescribed cents/day amount of time premium. That will generate income and, because they are out of the money, leave room for some upside potential on the stock. Here are some examples:
| 3% Yield On CLLS Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Dec 19 |
5.00 |
0.20 |
29 |
0.7 |
0.00 (0.0%) |
| May 15 |
5.00 |
0.10 |
176 |
0.1 |
0.00 (0.0%) |
| 5% Yield On CLLS Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Dec 19 |
5.00 |
0.20 |
29 |
0.7 |
0.00 (0.0%) |
| Feb 20 |
5.00 |
0.10 |
92 |
0.1 |
0.00 (0.0%) |
| 10% Yield On CLLS Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Dec 19 |
5.00 |
0.20 |
29 |
0.7 |
0.00 (0.0%) |
| Feb 20 |
7.50 |
0.25 |
92 |
0.3 |
2.50 (53.3%) |
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