Shareholders of PBF Energy Inc (PBF) looking to boost their income beyond the stock's 4% annualized dividend yield can sell the January 2027 covered call at the $42 strike and collect the premium based on the $3.30 bid, which annualizes to an additional 5.8% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 9.8% annualized rate in the scenario where the stock is not called away. Any upside above $42 would be lost if the stock rises there and is called away, but PBF shares would have to advance 53.1% from current levels for that to happen, meaning that in the scenario where the stock is called, the shareholder has earned a 65.1% return from this trading level, in addition to any dividends collected before the stock was called.