Strategy To YieldBoost Steven Madden From 2% To 15.1% Using Options

Shareholders of Steven Madden Ltd. (Symbol: SHOO) looking to boost their income beyond the stock’s 2% annualized dividend yield can sell the June 2026 covered call at the $50 strike and collect the premium based on the $2.75 bid, which annualizes to an additional 13.2% rate of r

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