YieldBoost FINL From 1.5% To 15.7% Using Options

Shareholders of Finish Line, Inc. (FINL) looking to boost their income beyond the stock's 1.5% annualized dividend yield can sell the August covered call at the $25 strike and collect the premium based on the $1.65 bid, which annualizes to an additional 14.2% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 15.7% annualized rate in the scenario where the stock is not called away..