Buy 100 Share at $ 263 and sell covered Call for $ 255 for 18 Aug and collect Premium $ 8.05
Devidend Ex date 17 Aug means stock must be purchased before 16 Aug and record date 18 Aug Devidend pay out Date: 8 th Sep
Outcome: We buy Share and get it assigned to Call buyer and we colelct devidend for Free
Q 2 Devidend is $ 2 .13 Per share
Every 100 Share you collect Free $ 213 while Downside protection of $ 805