Shareholders of SIGA Technologies Inc (SIGA) looking to boost their income beyond the stock's 8.8% annualized dividend yield can sell the January 2027 covered call at the $14.40 strike and collect the premium based on the 55 cents bid, which annualizes to an additional 5.3% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 14.2% annualized rate in the scenario where the stock is not called away. Any upside above $14.40 would be lost if the stock rises there and is called away, but SIGA shares would have to climb 112.7% from current levels for that to happen, meaning that in the scenario where the stock is called, the shareholder has earned a 120.8% return from this trading level, in addition to any dividends collected before the stock was called.

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