For the OOP:
- Buy 500 F for $11.03 ($5,515)
- Sell 5 F 2019 $10 calls for $1.63 ($815)
- Sell 5 F 2019 $10 puts for $1.02 ($510)
That's net $8.38/9.19 ($4,190) and we're obligated to buy 500 more at $10 ($5,000). The dividend is 0.60 ($300/yr) and, if we get called away at $10, that's another $1.62 ($810) profit so a nice 20%+ return on a stock you can pass on to your grandchildren.
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