YieldBoost UTI From 4.3% To 21% Using Options

Shareholders of Universal Technical Institute, Inc. (UTI) looking to boost their income beyond the stock's 4.3% annualized dividend yield can sell the May covered call at the $10 strike and collect the premium based on the 20 cents bid, which annualizes to an additional 16.8% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 21% annualized rate in the scenario where the stock is not called away..