YieldBoost Global Power Equipment Group To 9.3% Using Options

Shareholders of Global Power Equipment Group, Inc. (GLPW) looking to boost their income beyond the stock's 2.3% annualized dividend yield can sell the March 2015 covered call at the $17.50 strike and collect the premium based on the 55 cents bid, which annualizes to an additional 7% 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..