Write Covered Call: 1) Buy 100 shares/$5517.00 2) Write 25th Aug $57 call Premium/Credit: $71 (0.71 x 100) 3) Max. return: $254 at $57 expiry 4) Always, put a stop loss: 54.50/IF hit then buy & get out. Remember: You want expires from 30 days to 60 days, ideal is 45 days (around) *If $57.00 is not hit by 8/25/17, then write another covered call.