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 Wed 4:16 PM ET):
Cellectis S.A. - American Depositary Shares (CLLS) |
Bid |
Ask |
Last |
Change |
Volume |
P/E |
Market Cap |
2.35 |
2.79 |
2.67 |
+0.10 |
7K |
- |
0.0B |
CLLS Dividend-Like Income Using Covered Calls
With CLLS at 2.67, 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% |
0.08 |
0.0 |
5% |
0.13 |
0.0 |
10% |
0.27 |
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 |
May 17 |
5.00 |
0.05 |
52 |
0.1 |
2.21 (82.8%) |
5% Yield On CLLS Using Covered Calls |
Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
May 17 |
5.00 |
0.05 |
52 |
0.1 |
2.21 (82.8%) |
10% Yield On CLLS Using Covered Calls |
Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
May 17 |
5.00 |
0.05 |
52 |
0.1 |
2.21 (82.8%) |
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