You originally purchased 1,000 shares of Apple that you purchased for $315/share. The price has gone up recently and youve decided to protect your position by writing 10 covered calls with a strike price of $335 that expire on 10/5. Each contract can be sold for $2.50. On 10/5, the stock price hits $335/share and your options are exercised by the buyer.

1) Initial cost to own the stock

2) The premium you generated from writing the covered calls

3) gross total price from when the calls are exercised + sale price of stock

4) The return as a percentage.