How To YieldBoost MUR From 4% To 18.2% Using Options

Shareholders of Murphy Oil Corp (Symbol: MUR) looking to boost their income beyond the stock’s 4% annualized dividend yield can sell the May 2025 covered call at the $32.50 strike and collect the premium based on the $1.60 bid, which annualizes to an additional 14.2% rate of ret

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