How To YieldBoost Columbia Sportswear From 1% To 9.3% Using Options

Shareholders of Columbia Sportswear Co. (COLM) looking to boost their income beyond the stock's 1% annualized dividend yield can sell the October covered call at the $65 strike and collect the premium based on the $2.55 bid, which annualizes to an additional 8.3% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 9.3% annualized rate in the scenario where the stock is not called away..