CRWD Dividend Type Payments
Although CRWD has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on CrowdStrike Holdings, Inc. - Class A 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):
| CrowdStrike Holdings, Inc. - Class A (CRWD) |
|---|
| Bid |
Ask |
Last |
Change |
Volume |
P/E |
Market Cap |
| 540.00 |
541.99 |
539.81 |
+7.29 |
2.3M |
- |
140B |
CRWD Dividend-Like Income Using Covered Calls
With CRWD at 539.81, 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% |
16.19 |
4.4 |
| 5% |
26.99 |
7.4 |
| 10% |
53.98 |
14.8 |
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 CRWD Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Dec 5 |
540.00 |
30.30 |
29 |
97.6 |
0.00 (0.0%) |
| Dec 12 |
540.00 |
32.10 |
36 |
83.6 |
0.00 (0.0%) |
| 5% Yield On CRWD Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Dec 5 |
540.00 |
30.30 |
29 |
97.6 |
0.00 (0.0%) |
| Dec 12 |
540.00 |
32.10 |
36 |
83.6 |
0.00 (0.0%) |
| 10% Yield On CRWD Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Dec 5 |
540.00 |
30.30 |
29 |
97.6 |
0.00 (0.0%) |
| Dec 12 |
540.00 |
32.10 |
36 |
83.6 |
0.00 (0.0%) |
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