AutoZone (AZO) Options
For AutoZone (AZO), you can buy it here at $536.15 (if you have the capital) and sell the March $540 call for $14. Adding in the $3.85 you pick up if the stock gets called away, that’s a net gain of 3.33%.
Again, if you have the capital, you can sell the March 530 put for $10.50. That’s a 2% gain, with more than $6 of downside protection before the stock gets put to you.