... for a .71 credit.
Comments: Here, I'm just trying to reduce my cost basis in my shares of stock (which is kind of an "ugh" at 31.65), so looking to take assignment at 23/share. Because of this, I will look to run this all the way to expiry, at which point I either get assigned or it expires worthless.
Metrics:
Break Even/Buying Power Effect: 22.29
Max Profit: .71
ROC at Max: 3.19%