Strategy To YieldBoost GPI From 0.4% To 10% Using Options

Shareholders of Group 1 Automotive, Inc. (Symbol: GPI) looking to boost their income beyond the stock’s 0.4% annualized dividend yield can sell the July covered call at the $510 strike and collect the premium based on the $19.50 bid, which annualizes to an additional 9.6% rate o

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