Strategy To YieldBoost Newmark Group From 0.8% To 13.1% Using Options
Shareholders of Newmark Group Inc (Symbol: NMRK) looking to boost their income beyond the stock’s 0.8% annualized dividend yield can sell the March 2025 covered call at the $17.50 strike and collect the premium based on the 80 cents bid, which annualizes to an additional 12.3% r