How To YieldBoost Eli Lilly To 5.6% Using Options

Shareholders of Eli Lilly (Symbol: LLY) looking to boost their income beyond the stock’s 0.8% annualized dividend yield can sell the June 2027 covered call at the $1000 strike and collect the premium based on the $70.70 bid, which annualizes to an additional 4.8% rate of return

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