Shareholders of VICI Properties Inc (VICI) looking to boost their income beyond the stock's 5.6% annualized dividend yield can sell the January 2026 covered call at the $32.50 strike and collect the premium based on the $1.55 bid, which annualizes to an additional 4.6% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 10.1% annualized rate in the scenario where the stock is not called away. Any upside above $32.50 would be lost if the stock rises there and is called away, but VICI shares would have to advance 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.