Strategy To YieldBoost Masco To 9.1% Using Options

Shareholders of Masco Corp. (MAS) looking to boost their income beyond the stock's 1.4% annualized dividend yield can sell the April 2025 covered call at the $90 strike and collect the premium based on the $3.60 bid, which annualizes to an additional 7.7% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 9.1% annualized rate in the scenario where the stock is not called away..