CWH Dividend Type Payments
Although CWH has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Camping World 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 Mon 4:16 PM ET):
Camping World Holdings, Inc. Class A (CWH) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
22.46 | 23.15 | 22.91 | +0.58 | 911K | 41 | 1.9B |
CWH Dividend-Like Income Using Covered Calls
With CWH at 22.91, 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% | 0.69 | 0.2 |
5% | 1.15 | 0.3 |
10% | 2.29 | 0.6 |
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 CWH Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
May 17 | 24.00 | 1.00 | 26 | 3.8 | 0.85 (3.7%) | |
Jun 21 | 24.00 | 1.40 | 61 | 2.3 | 0.85 (3.7%) |
5% Yield On CWH Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
May 17 | 24.00 | 1.00 | 26 | 3.8 | 0.85 (3.7%) | |
Jun 21 | 24.00 | 1.40 | 61 | 2.3 | 0.85 (3.7%) |
10% Yield On CWH Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
May 17 | 24.00 | 1.00 | 26 | 3.8 | 0.85 (3.7%) | |
Jun 21 | 24.00 | 1.40 | 61 | 2.3 | 0.85 (3.7%) |
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Top 10 Open Interest For May 17 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | SPY dividend | 6. | KWEB dividend | 1. | CVNA dividend | |
2. | IWM dividend | 7. | EEM dividend | 2. | FSLY dividend | |
3. | HYG dividend | 8. | TSLA dividend | 3. | PENN dividend | |
4. | QQQ dividend | 9. | SLV dividend | 4. | SNAP dividend | |
5. | FXI dividend | 10. | NVDA dividend | 5. | CLSK dividend |
Want more examples? CWEN Dividend | CWI Dividend