YieldBoost J&J Snack Foods Corp. From 1.3% To 9.8% Using Options

Shareholders of J&J Snack Foods Corp. (JJSF) looking to boost their income beyond the stock's 1.3% annualized dividend yield can sell the December covered call at the $100 strike and collect the premium based on the $5.40 bid, which annualizes to an additional 8.4% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 9.8% annualized rate in the scenario where the stock is not called away..