Strategy To YieldBoost EVC From 9.3% To 26.5% Using Options

Shareholders of Entravision Communications Corp. (EVC) looking to boost their income beyond the stock's 9.3% annualized dividend yield can sell the November covered call at the $2.50 strike and collect the premium based on the 20 cents bid, which annualizes to an additional 17.1% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 26.5% annualized rate in the scenario where the stock is not called away..