Shareholders of FTAI Infrastructure Inc (FIP) looking to boost their income beyond the stock's 1.4% annualized dividend yield can sell the April 2025 covered call at the $9 strike and collect the premium based on the 90 cents bid, which annualizes to an additional 22.3% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 23.6% annualized rate in the scenario where the stock is not called away. Any upside above $9 would be lost if the stock rises there and is called away, but FIP shares would have to advance 3.7% from current levels for that to happen, meaning that in the scenario where the stock is called, the shareholder has earned a 14.1% return from this trading level, in addition to any dividends collected before the stock was called.