YieldBoost Lithia Motors To 8.4% Using Options
Shareholders of Lithia Motors Inc (Symbol: LAD) looking to boost their income beyond the stock’s 0.7% annualized dividend yield can sell the December 2025 covered call at the $370 strike and collect the premium based on the $29.30 bid, which annualizes to an additional 7.7% rate
:max_bytes(150000):strip_icc():format(jpeg)/GettyImages-1803777103-b9626d35c9fd4424ae7ecc3b6d58a558.jpg "Accountant Career Path and Qualifications")
:max_bytes(150000):strip_icc():format(jpeg)/AFFLUENT.MILLENNIAL.HERO.GettyImages-868506558_2600-84706e45802340b1865d4b49c285a662.jpg "The Affluent Millennial Investing Survey")
:max_bytes(150000):strip_icc():format(jpeg)/GettyImages-2151279555-f38549a64433496982ff93944b309afb.jpg "5 Transamerica Mutual Funds to Consider")
