YieldBoost Polaris Industries To 5.1% Using Options

Shareholders of Polaris Industries Inc. (PII) looking to boost their income beyond the stock's 1.5% annualized dividend yield can sell the January 2016 covered call at the $155 strike and collect the premium based on the $7.30 bid, which annualizes to an additional 3.6% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 5.1% annualized rate in the scenario where the stock is not called away..