Strategy To YieldBoost Genuine Parts From 2.9% To 9.9% Using Options
Shareholders of Genuine Parts Co. (Symbol: GPC) looking to boost their income beyond the stock’s 2.9% annualized dividend yield can sell the February 2025 covered call at the $150 strike and collect the premium based on the $5.00 bid, which annualizes to an additional 7% rate of
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