How To YieldBoost IQNT From 1.8% To 18.2% Using Options

Shareholders of Inteliquent, Inc. (IQNT) looking to boost their income beyond the stock's 1.8% annualized dividend yield can sell the June covered call at the $17.50 strike and collect the premium based on the 70 cents bid, which annualizes to an additional 16.5% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 18.2% annualized rate in the scenario where the stock is not called away..