More often, this sort of rum is used in cocktails or in cooking. Honey rum is often used in baking, particularly desserts, but is also popular in more savory meat and vegetable dishes. Rum is a common marinade, and can also be used in a number of cooking and braising recipes.
If you do exercise the option, you can calculate its return in a few simple steps. Subtract the purchase price from the sales price of the asset, which you bought or sold using the option. Regardless of whether the option was a call or a put, the steps are identical.
If you include dividends earned in your option position rate of return, the position earned: ($420 / $5,816 = 7.2%) + 0.9% = 8.1%. Including dividends is a debatable decision. The primary argument against it is that dividends are related to stock ownership and not to covered call writing.or example, you purchase 100 shares of stock for a total price of $5,130. Current value is $5,816. You decide to use the current value of stock as the basis for calculating covered call profits.