YieldBoost Teekay Tankers From 1.8% To 10.2% Using Options

Shareholders of Teekay Tankers Ltd (Symbol: TNK) looking to boost their income beyond the stock’s 1.8% annualized dividend yield can sell the November 2026 covered call at the $65 strike and collect the premium based on the $5.30 bid, which annualizes to an additional 8.4% rate