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 Wed 12:45 PM ET):
| CrowdStrike Holdings, Inc. - Class A (CRWD) |
|---|
| Bid |
Ask |
Last |
Change |
Volume |
P/E |
Market Cap |
| 492.34 |
492.86 |
492.62 |
+3.67 |
756K |
- |
129B |
CRWD Dividend-Like Income Using Covered Calls
With CRWD at 492.62, 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% |
14.78 |
4.0 |
| 5% |
24.63 |
6.7 |
| 10% |
49.26 |
13.5 |
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 |
| Nov 7 |
495.00 |
17.95 |
24 |
74.8 |
2.14 (0.4%) |
| Nov 14 |
495.00 |
21.80 |
31 |
70.3 |
2.14 (0.4%) |
| 5% Yield On CRWD Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Nov 7 |
495.00 |
17.95 |
24 |
74.8 |
2.14 (0.4%) |
| Nov 14 |
495.00 |
21.80 |
31 |
70.3 |
2.14 (0.4%) |
| 10% Yield On CRWD Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Nov 7 |
495.00 |
17.95 |
24 |
74.8 |
2.14 (0.4%) |
| Nov 14 |
495.00 |
21.80 |
31 |
70.3 |
2.14 (0.4%) |
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