YieldBoost Turning Point Brands From 0.3% To 12.8% Using Options

Shareholders of Turning Point Brands Inc (Symbol: TPB) looking to boost their income beyond the stock’s 0.3% annualized dividend yield can sell the April 2026 covered call at the $115 strike and collect the premium based on the $6.60 bid, which annualizes to an additional 12.5%