How To YieldBoost GWW From 0.7% To 10.6% Using Options

Shareholders of W.W. Grainger Inc. (Symbol: GWW) looking to boost their income beyond the stock's 0.7% annualized dividend yield can sell the July 2025 covered call at the $1190 strike and collect the premium based on the $66.40 bid, which annualizes to an additional 9.9% rate o https://www.nasdaq.com/articles/how-yieldboost-gww-07-106-using-options