How To YieldBoost W.W. Grainger From 1% To 9.3% Using Options

Shareholders of W.W. Grainger Inc. (Symbol: GWW) looking to boost their income beyond the stock's 1% annualized dividend yield can sell the May 2024 covered call at the $780 strike and collect the premium based on the $55.10 bid, which annualizes to an additional 8.3% rate of r https://www.nasdaq.com/articles/how-to-yieldboost-w.w.-grainger-from-1-to-9.3-using-options