Back to top

How To YieldBoost MLM To 6.9% Using Options

Shareholders of Martin Marietta Materials, Inc. (MLM) looking to boost their income beyond the stock's 0.5% annualized dividend yield can sell the December covered call at the $680 strike and collect the premium based on the $29.10 bid, which annualizes to an additional 6.4% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 6.9% annualized rate in the scenario where the stock is not called away..

Read full article here »

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

Martin Marietta Materials, Inc. (MLM)