YieldBoost Inter Parfums To 28.5% Using Options

Shareholders of Inter Parfums, Inc. (IPAR) looking to boost their income beyond the stock's 1.8% annualized dividend yield can sell the August covered call at the $30 strike and collect the premium based on the 10 cents bid, which annualizes to an additional 26.7% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 28.5% annualized rate in the scenario where the stock is not called away..