Strategy To YieldBoost WWW From 1.6% To 7.2% Using Options

Shareholders of Wolverine World Wide, Inc. (Symbol: WWW) looking to boost their income beyond the stock’s 1.6% annualized dividend yield can sell the January 2028 covered call at the $40 strike and collect the premium based on the $3.20 bid, which annualizes to an additional 5.6