Strategy To YieldBoost Ameriprise Financial From 1.3% To 17.4% Using Options
Shareholders of Ameriprise Financial Inc (Symbol: AMP) looking to boost their income beyond the stock’s 1.3% annualized dividend yield can sell the January 2026 covered call at the $500 strike and collect the premium based on the $19.90 bid, which annualizes to an additional 16%