How To YieldBoost Lam Research From 0.7% To 9.3% Using Options

Shareholders of Lam Research Corp (Symbol: LRCX) looking to boost their income beyond the stock’s 0.7% annualized dividend yield can sell the January 2027 covered call at the $195 strike and collect the premium based on the $15.85 bid, which annualizes to an additional 8.6% rate