Back to top

How To YieldBoost JKHY From 1.3% To 9.5% Using Options

Shareholders of Jack Henry & Associates, Inc. (JKHY) looking to boost their income beyond the stock's 1.3% annualized dividend yield can sell the November covered call at the $180 strike and collect the premium based on the $8.30 bid, which annualizes to an additional 8.2% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 9.5% 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:

Jack Henry & Associates, Inc. (JKHY)