YieldBoost WETF To 9.7% Using Options
March 20, 2017 at 11:41 AM EDT
Shareholders of WisdomTree Investments, Inc. (WETF) looking to boost their income beyond the stock's 3.6% annualized dividend yield can sell the January 2019 covered call at the $12 strike and collect the premium based on the $1.00 bid, which annualizes to an additional 6.1% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 9.7% annualized rate in the scenario where the stock is not called away..