YieldBoost Teekay Tankers To 10.4% Using Options

Shareholders of Teekay Tankers Ltd (Symbol: TNK) looking to boost their income beyond the stock’s 2.7% annualized dividend yield can sell the November 2025 covered call at the $45 strike and collect the premium based on the $2.60 bid, which annualizes to an additional 7.7% rate

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