If UTZ closes above $17.50 on December 20, we would be assigned and earn $0.90 per share on $16.60 per share at risk, or 5.42%. Over a holding period of 24 days, the annualized return would be 82.5%.
If you own UTZ, sell the stock near the current price of $17.85. Taking profits now locks in a 6.57% return over a four-week holding period for an annualized return of 85.6%.