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Yesomite Sm's grandma has left behind 10,000 shares of IBM as inheritance for him. However, knowing of his problems with firearms, he is not permitted

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Yesomite Sm's grandma has left behind 10,000 shares of IBM as inheritance for him. However, knowing of his problems with firearms, he is not permitted to sell the stock. If a sale happens, all the money goes to Looney Tunes University. IBM pays $1.30 per quarter in dividend. Using the information given in Table 1, create an option related covered call writing strategy for Sam without subjecting him to the risk of exercise. Show me the exact amount of money in addition to dividends that Sam can expect to earn. Explain and justify the strategy. TABLE 1 IBM CALLS, S=$130 Yesomite Sm's grandma has left behind 10,000 shares of IBM as inheritance for him. However, knowing of his problems with firearms, he is not permitted to sell the stock. If a sale happens, all the money goes to Looney Tunes University. IBM pays $1.30 per quarter in dividend. Using the information given in Table 1, create an option related covered call writing strategy for Sam without subjecting him to the risk of exercise. Show me the exact amount of money in addition to dividends that Sam can expect to earn. Explain and justify the strategy. TABLE 1 IBM CALLS, S=$130

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