How To YieldBoost Sealed Air Corp. From 1.8% To 9.9%

Shareholders of Sealed Air Corp. (NYSE: SEE) looking to boost their income beyond the stock's 1.8% annualized dividend yield can sell the January 2015 covered call at the $30 strike and collect the premium based on the $3.20 bid, which annualizes to an additional 8.1% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 9.9% annualized rate in the scenario where the stock is not called away. Any upside above $30 would be lost if th...