YieldBoost Kelly Services To 7% Using Options

Shareholders of Kelly Services, Inc. (KELYA) looking to boost their income beyond the stock's 1.1% annualized dividend yield can sell the May 2015 covered call at the $20 strike and collect the premium based on the 55 cents bid, which annualizes to an additional 5.8% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 7% annualized rate in the scenario where the stock is not called away..
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