Sign In  |  Register  |  About Mill Valley  |  Contact Us

Mill Valley, CA
September 01, 2020 1:29pm
7-Day Forecast | Traffic
  • Search Hotels in Mill Valley

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

How To YieldBoost ENTG From 0.4% To 5.5% Using Options

Shareholders of Entegris Inc (ENTG) looking to boost their income beyond the stock's 0.4% annualized dividend yield can sell the January 2027 covered call at the $150 strike and collect the premium based on the $10.50 bid, which annualizes to an additional 5.1% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 5.5% annualized rate in the scenario where the stock is not called away. Any upside above $150 would be lost if the stock rises there and is called away, but ENTG shares would have to climb 49.7% from current levels for that to happen, meaning that in the scenario where the stock is called, the shareholder has earned a 60.2% return from this trading level, in addition to any dividends collected before the stock was called.
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 MillValley.com & California Media Partners, LLC. All rights reserved.