YieldBoost Knight Transportation To 10%

Shareholders of Knight Transportation Inc. (NYSE: KNX) looking to boost their income beyond the stock's 1.4% annualized dividend yield can sell the December covered call at the $17.50 strike and collect the premium based on the 55 cents bid, which annualizes to an additional 8.6% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 10% annualized rate in the scenario where the stock is not called away. Any upside above $17.50 would...