YieldBoost EVC From 1.4% To 15.6% Using Options

Shareholders of Entravision Communications Corp. (EVC) looking to boost their income beyond the stock's 1.4% annualized dividend yield can sell the November covered call at the $7.50 strike and collect the premium based on the 65 cents 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 15.6% annualized rate in the scenario where the stock is not called away..