Shareholders of Assurant Inc (AIZ) looking to boost their income beyond the stock's 1.5% annualized dividend yield can sell the June 2025 covered call at the $230 strike and collect the premium based on the $9.70 bid, which annualizes to an additional 8.7% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 10.2% annualized rate in the scenario where the stock is not called away. Any upside above $230 would be lost if the stock rises there and is called away, but AIZ shares would have to advance 5.5% from current levels for that to occur, meaning that in the scenario where the stock is called, the shareholder has earned a 10% return from this trading level, in addition to any dividends collected before the stock was called.