How To YieldBoost Paychex To 6.7% Using Options

Shareholders of Paychex Inc (Symbol: PAYX) looking to boost their income beyond the stock’s 3.2% annualized dividend yield can sell the January 2025 covered call at the $130 strike and collect the premium based on the $6.30 bid, which annualizes to an additional 3.5% rate of re

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