Shareholders of Skyworks Solutions Inc (SWKS) looking to boost their income beyond the stock's 4% annualized dividend yield can sell the June 2026 covered call at the $75 strike and collect the premium based on the $7.80 bid, which annualizes to an additional 12.6% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 16.6% annualized rate in the scenario where the stock is not called away. Any upside above $75 would be lost if the stock rises there and is called away, but SWKS shares would have to climb 7% from current levels for that to occur, meaning that in the scenario where the stock is called, the shareholder has earned a 18.1% return from this trading level, in addition to any dividends collected before the stock was called.

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