How To YieldBoost J.M. Smucker To 8.2% Using Options

Shareholders of J.M. Smucker Co. (Symbol: SJM) looking to boost their income beyond the stock’s 2.8% annualized dividend yield can sell the January 2025 covered call at the $155 strike and collect the premium based on the $12.10 bid, which annualizes to an additional 5.4% rate

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