YieldBoost Inter Parfums To 16.8% Using Options

Shareholders of Inter Parfums, Inc. (IPAR) looking to boost their income beyond the stock's 1.4% annualized dividend yield can sell the August covered call at the $35 strike and collect the premium based on the $1.75 bid, which annualizes to an additional 15.4% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 16.8% annualized rate in the scenario where the stock is not called away..