YieldBoost OXM From 1.4% To 23.1% Using Options

Shareholders of Oxford Industries, Inc. (OXM) looking to boost their income beyond the stock's 1.4% annualized dividend yield can sell the April 2016 covered call at the $70 strike and collect the premium based on the $5.80 bid, which annualizes to an additional 21.6% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 23.1% annualized rate in the scenario where the stock is not called away..