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 |
| 470.00 |
470.61 |
470.61 |
+6.74 |
2.3M |
- |
123B |
CRWD Dividend-Like Income Using Covered Calls
With CRWD at 470.61, 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% |
14.12 |
3.9 |
| 5% |
23.53 |
6.4 |
| 10% |
47.06 |
12.9 |
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 |
| Feb 6 |
470.00 |
18.25 |
29 |
60.8 |
0.00 (0.0%) |
| Feb 13 |
470.00 |
20.65 |
36 |
55.7 |
0.00 (0.0%) |
| 5% Yield On CRWD Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Feb 6 |
470.00 |
18.25 |
29 |
60.8 |
0.00 (0.0%) |
| Feb 13 |
470.00 |
20.65 |
36 |
55.7 |
0.00 (0.0%) |
| 10% Yield On CRWD Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Feb 6 |
470.00 |
18.25 |
29 |
60.8 |
0.00 (0.0%) |
| Feb 13 |
470.00 |
20.65 |
36 |
55.7 |
0.00 (0.0%) |
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