Landlord Buy Write Opens Door On Options Premium

If INVH closes above $35 on January 17, the buy write will produce a return of $1.05 per share on $33.95 per share at risk, or 3.1%. Over a 49-day period, that would be an annualized return of 23.1%. If there is a $0.28 dividend in late December like there was last year, the total return would be 3.9%, or 29.2%.