How To YieldBoost Group 1 Automotive To 11.7% Using Options
Shareholders of Group 1 Automotive, Inc. (Symbol: GPI) looking to boost their income beyond the stock’s 0.5% annualized dividend yield can sell the April 2025 covered call at the $410 strike and collect the premium based on the $20.40 bid, which annualizes to an additional 11.2%