Strategy To YieldBoost AvalonBay Communities From 3.2% To 10% Using Options
Shareholders of AvalonBay Communities, Inc. (Symbol: AVB) looking to boost their income beyond the stock’s 3.2% annualized dividend yield can sell the December covered call at the $220 strike and collect the premium based on the $6.00 bid, which annualizes to an additional 6.7%
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