Strategy To YieldBoost Shoe Carnival From 1.3% To 13.3% Using Options

Shareholders of Shoe Carnival, Inc. (Symbol: SCVL) looking to boost their income beyond the stock's 1.3% annualized dividend yield can sell the March 2025 covered call at the $50 strike and collect the premium based on the $2.30 bid, which annualizes to an additional 12% rate of https://www.nasdaq.com/articles/strategy-yieldboost-shoe-carnival-13-133-using-options