Strategy To YieldBoost SCVL To 19.8% Using Options

Shareholders of Shoe Carnival, Inc. (Symbol: SCVL) looking to boost their income beyond the stock’s 2.6% annualized dividend yield can sell the March 2026 covered call at the $25 strike and collect the premium based on the $1.90 bid, which annualizes to an additional 17.2% rate