$STRC
STRC Covered Call
Called Away View on X
Strategy
Covered Call
Entry date
Jun 20, 2026
Net
$6,500.00 debit
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Legs
| Action | Qty | Expiry | Strike | Type | Premium |
|---|---|---|---|---|---|
| Buy | 100 | - | - | Stock | $88.59 |
| STO | 1 | Dec 18, 2026 | 70.00 | Call | $20.45 |
Supporting documents
Trade thesis
Covered-call buy-write. Bought 100 shares of STRC near $88.59 and sold the December 18, 2026 $70.00 call for about $20.45/share ($2,045) - net cost $65.00/share ($6,500). STRC pays a massive ~28.13% dividend (~$24.92/share); the call leaves a $5/share buffer between the $65 net cost and the $70 strike. Own it at an effective ~$52.55 by December after ~$12.45/share of dividends collected.