Strategy To YieldBoost OTIS From 1.9% To 7.4% Using Options

Shareholders of Otis Worldwide Corp (Symbol: OTIS) looking to boost their income beyond the stock’s 1.9% annualized dividend yield can sell the June 2026 covered call at the $95 strike and collect the premium based on the $2.70 bid, which annualizes to an additional 5.5% rate of