How To YieldBoost Trinet Group To 14.9% Using Options
January 02, 2025 at 11:36 AM EST
Shareholders of Trinet Group Inc. (TNET) looking to boost their income beyond the stock's 1.1% annualized dividend yield can sell the June covered call at the $100 strike and collect the premium based on the $5.80 bid, which annualizes to an additional 13.8% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 14.9% annualized rate in the scenario where the stock is not called away..
