How To YieldBoost Dawson Geophysical From 1.1% To 17.4% Using Options

Shareholders of Dawson Geophysical Co. (DWSN) looking to boost their income beyond the stock's 1.1% annualized dividend yield can sell the December covered call at the $30 strike and collect the premium based on the $2.50 bid, which annualizes to an additional 16.4% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 17.4% annualized rate in the scenario where the stock is not called away..