How To YieldBoost Amkor Technology To 12% Using Options
December 19, 2024 at 11:38 AM EST
Shareholders of Amkor Technology Inc. (AMKR) looking to boost their income beyond the stock's 1.3% annualized dividend yield can sell the January 2026 covered call at the $31.59 strike and collect the premium based on the $2.90 bid, which annualizes to an additional 10.7% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 12% annualized rate in the scenario where the stock is not called away..
