Shareholders of Invesco Ltd (IVZ) looking to boost their income beyond the stock's 5.3% annualized dividend yield can sell the December covered call at the $16 strike and collect the premium based on the 75 cents bid, which annualizes to an additional 17.8% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 23.1% annualized rate in the scenario where the stock is not called away. Any upside above $16 would be lost if the stock rises there and is called away, but IVZ shares would have to climb 4.2% from current levels for that to occur, meaning that in the scenario where the stock is called, the shareholder has earned a 9.1% return from this trading level, in addition to any dividends collected before the stock was called.