YieldBoost COLM From 1.2% To 15.7% Using Options

Shareholders of Columbia Sportswear Co. (COLM) looking to boost their income beyond the stock's 1.2% annualized dividend yield can sell the April 2017 covered call at the $60 strike and collect the premium based on the $4.00 bid, which annualizes to an additional 14.5% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 15.7% annualized rate in the scenario where the stock is not called away..