YieldBoost Oxford Industries To 21.4% Using Options

Shareholders of Oxford Industries, Inc. (OXM) looking to boost their income beyond the stock's 3.2% annualized dividend yield can sell the January 2025 covered call at the $90 strike and collect the premium based on the $5.40 bid, which annualizes to an additional 18.1% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 21.4% annualized rate in the scenario where the stock is not called away..