YieldBoost Children's Place From 1% To 12.9% Using Options

Shareholders of Children's Place, Inc. (PLCE) looking to boost their income beyond the stock's 1% annualized dividend yield can sell the March 2015 covered call at the $52.50 strike and collect the premium based on the $3.20 bid, which annualizes to an additional 11.9% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 12.9% annualized rate in the scenario where the stock is not called away..