How To YieldBoost Mobile Mini From 2.5% To 10.9% Using Options

Shareholders of Mobile Mini, Inc. (MINI) looking to boost their income beyond the stock's 2.5% annualized dividend yield can sell the May 2018 covered call at the $40 strike and collect the premium based on the $1.40 bid, which annualizes to an additional 8.4% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 10.9% annualized rate in the scenario where the stock is not called away..