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 |
| 375.21 |
377.00 |
375.62 |
-4.22 |
2.0M |
- |
99B |
CRWD Dividend-Like Income Using Covered Calls
With CRWD at 375.62, 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% |
11.27 |
3.1 |
| 5% |
18.78 |
5.1 |
| 10% |
37.56 |
10.3 |
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 |
| May 2 |
377.50 |
13.70 |
16 |
85.6 |
0.50 (0.1%) |
| May 9 |
380.00 |
15.95 |
23 |
69.3 |
3.00 (0.8%) |
| 5% Yield On CRWD Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| May 2 |
377.50 |
13.70 |
16 |
85.6 |
0.50 (0.1%) |
| May 9 |
380.00 |
15.95 |
23 |
69.3 |
3.00 (0.8%) |
| 10% Yield On CRWD Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| May 2 |
377.50 |
13.70 |
16 |
85.6 |
0.50 (0.1%) |
| May 9 |
380.00 |
15.95 |
23 |
69.3 |
3.00 (0.8%) |
Want to increase dividends with covered calls? Sign Up For A Free Trial
