Notes: Although implied volatility really blows chunks here (30-day at 11.9%), looking to deploy some capital in an underlying I wouldn't mind acquiring for its dividend (current yield 4.94%). Here, selling in the expiry nearest 30 days 'til expiry for a credit that's approximately equal to the monthly dividend (currently .359). This should generate an annualized return approaching the dividend yield without being in the stock itself.
Trade closed: target reached
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This will be expiring worthless, with price finishing more than 3.00 above the short put strike.