Shareholders of DHT Holdings Inc (DHT) looking to boost their income beyond the stock's 10.2% annualized dividend yield can sell the November covered call at the $12 strike and collect the premium based on the 10 cents bid, which annualizes to an additional 20.1% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 30.3% annualized rate in the scenario where the stock is not called away. Any upside above $12 would be lost if the stock rises there and is called away, but DHT shares would have to climb 12.4% from current levels for that to happen, meaning that in the scenario where the stock is called, the shareholder has earned a 13.3% return from this trading level, in addition to any dividends collected before the stock was called.