YieldBoost CBOE Holdings From 1.4% To 3% Using Options

Shareholders of CBOE Holdings Inc. (CBOE) looking to boost their income beyond the stock's 1.4% annualized dividend yield can sell the January 2017 covered call at the $75 strike and collect the premium based on the $2.00 bid, which annualizes to an additional 1.6% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 3% annualized rate in the scenario where the stock is not called away..