Strategy To YieldBoost SIG From 1.2% To 12.8% Using Options

Shareholders of Signet Jewelers Ltd (Symbol: SIG) looking to boost their income beyond the stock’s 1.2% annualized dividend yield can sell the June 2026 covered call at the $120 strike and collect the premium based on the $8.00 bid, which annualizes to an additional 11.5% rate o