$GIS
GIS Covered Call
Filled View on X
Strategy
Covered Call
Entry date
Mar 18, 2026
Net
$3,317.00 debit
Get every trade in your inbox. Free newsletter - one email per new idea, one per status change. Subscribe free
Legs
| Action | Qty | Expiry | Strike | Type | Premium |
|---|---|---|---|---|---|
| Buy | 100 | - | - | Stock | $37.52 |
| STO | 1 | Jan 15, 2027 | 37.50 | Call | $4.35 |
Supporting documents
Trade thesis
Covered-call buy-write. Bought 100 shares of GIS near $37.52 and sold the January 15, 2027 $37.50 call for about $4.35/share ($435) - net cost $33.17/share ($3,317). GIS pays a 6.5% dividend (~$2.44/share); the covered call adds roughly another 13% (~$4.30/share) of income against the position. Dividends plus premium grind the effective cost down toward ~$30.77 by next January.