YieldBoost FLIR Systems From 1.3% To 10.2% Using Options
June 18, 2019 at 13:02 PM EDT
Shareholders of FLIR Systems, Inc. (FLIR) looking to boost their income beyond the stock's 1.3% annualized dividend yield can sell the December covered call at the $55 strike and collect the premium based on the $2.35 bid, which annualizes to an additional 8.9% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 10.2% annualized rate in the scenario where the stock is not called away..