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Strategy To YieldBoost Whirlpool From 8.4% To 20.2% Using Options

Shareholders of Whirlpool Corp (WHR) looking to boost their income beyond the stock's 8.4% annualized dividend yield can sell the March 2026 covered call at the $92.50 strike and collect the premium based on the $6.30 bid, which annualizes to an additional 11.8% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 20.2% annualized rate in the scenario where the stock is not called away. Any upside above $92.50 would be lost if the stock rises there and is called away, but WHR shares would have to advance 10.4% from current levels for that to occur, meaning that in the scenario where the stock is called, the shareholder has earned a 17.9% return from this trading level, in addition to any dividends collected before the stock was called.

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Whirlpool Corporation (WHR)