Shareholders of Badger Meter, Inc. (BMI) looking to boost their income beyond the stock's 1.5% annualized dividend yield can sell the February 2015 covered call at the $50 strike and collect the premium based on the $3.10 bid, which annualizes to an additional 17.2% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 18.8% annualized rate in the scenario where the stock is not called away..