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 Thu 4:16 PM ET):
| CrowdStrike Holdings, Inc. - Class A (CRWD) |
|---|
| Bid |
Ask |
Last |
Change |
Volume |
P/E |
Market Cap |
| 514.10 |
514.50 |
514.10 |
+18.00 |
2.6M |
- |
130B |
CRWD Dividend-Like Income Using Covered Calls
With CRWD at 514.10, 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% |
15.42 |
4.2 |
| 5% |
25.71 |
7.0 |
| 10% |
51.41 |
14.1 |
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 CRWD Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Aug 1 |
515.00 |
20.35 |
30 |
67.8 |
0.50 (0.1%) |
| Aug 8 |
515.00 |
23.50 |
37 |
63.5 |
0.50 (0.1%) |
| 5% Yield On CRWD Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Aug 1 |
515.00 |
20.35 |
30 |
67.8 |
0.50 (0.1%) |
| Aug 8 |
515.00 |
23.50 |
37 |
63.5 |
0.50 (0.1%) |
| 10% Yield On CRWD Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Aug 1 |
515.00 |
20.35 |
30 |
67.8 |
0.50 (0.1%) |
| Aug 8 |
515.00 |
23.50 |
37 |
63.5 |
0.50 (0.1%) |
Want to increase dividends with covered calls? Sign Up For A Free Trial
