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How To YieldBoost Illinois Tool Works To 5.5% Using Options
2013-10-21 22:43:30| Industrial Machines - Topix.net
Shareholders of Illinois Tool Works looking to boost their income beyond the stock's 2.2% annualized dividend yield can sell the January 2015 covered call at the $85 strike and collect the premium based on the $3.20 bid, which annualizes to an additional 3.3% rate of return against the current stock price , for a total of 5.5% annualized rate in ... (more)
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Category:Industrial Goods and Services