Strategy To YieldBoost GWW From 0.9% To 5.1% Using Options

Shareholders of W.W. Grainger Inc. (Symbol: GWW) looking to boost their income beyond the stock’s 0.9% annualized dividend yield can sell the December 2026 covered call at the $1180 strike and collect the premium based on the $44.00 bid, which annualizes to an additional 4.2% ra