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 |
| 478.00 |
478.30 |
478.45 |
-8.66 |
3.3M |
- |
128B |
CRWD Dividend-Like Income Using Covered Calls
With CRWD at 478.45, 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% |
14.35 |
3.9 |
| 5% |
23.92 |
6.6 |
| 10% |
47.85 |
13.1 |
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 |
480.00 |
16.35 |
22 |
74.3 |
1.70 (0.4%) |
| Aug 8 |
480.00 |
19.20 |
29 |
66.2 |
1.70 (0.4%) |
| 5% Yield On CRWD Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Aug 1 |
480.00 |
16.35 |
22 |
74.3 |
1.70 (0.4%) |
| Aug 8 |
480.00 |
19.20 |
29 |
66.2 |
1.70 (0.4%) |
| 10% Yield On CRWD Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Aug 1 |
480.00 |
16.35 |
22 |
74.3 |
1.70 (0.4%) |
| Aug 8 |
480.00 |
19.20 |
29 |
66.2 |
1.70 (0.4%) |
Want to increase dividends with covered calls? Sign Up For A Free Trial
