Shareholders of Argan Inc (AGX) looking to boost their income beyond the stock's 1.8% annualized dividend yield can sell the July covered call at the $100 strike and collect the premium based on the $70.50 bid, which annualizes to an additional 577% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 578.8% annualized rate in the scenario where the stock is not called away. Any upside above $100 would be lost if the stock rises there and is called away, but AGX shares would have to climb 48% from current levels for that to occur, meaning that in the scenario where the stock is called, the shareholder has earned a 152.3% return from this trading level, in addition to any dividends collected before the stock was called.