How To YieldBoost GIII From 1.3% To 26.9% Using Options

Shareholders of G-III Apparel Group Ltd. (Symbol: GIII) looking to boost their income beyond the stock’s 1.3% annualized dividend yield can sell the December covered call at the $35 strike and collect the premium based on the 20 cents bid, which annualizes to an additional 25.6%