YieldBoost WYNN From 0.8% To 7.5% Using Options

Shareholders of Wynn Resorts Ltd (Symbol: WYNN) looking to boost their income beyond the stock’s 0.8% annualized dividend yield can sell the January 2027 covered call at the $160 strike and collect the premium based on the $11.55 bid, which annualizes to an additional 6.7% rate