YieldBoost Watsco From 1.1% To 13.4%

Shareholders of Watsco Inc. (NYSE: WSO) looking to boost their income beyond the stock's 1.1% annualized dividend yield can sell the November covered call at the $95 strike and collect the premium based on the $3.20 bid, which annualizes to an additional 12.3% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 13.4% annualized rate in the scenario where the stock is not called away. Any upside above $95 would be lost if the stock...