Shareholders of Assurant Inc (AIZ) looking to boost their income beyond the stock's 1.5% annualized dividend yield can sell the March 2026 covered call at the $220 strike and collect the premium based on the $8.60 bid, which annualizes to an additional 7.9% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 9.4% annualized rate in the scenario where the stock is not called away. Any upside above $220 would be lost if the stock rises there and is called away, but AIZ shares would have to climb 3.2% from current levels for that to happen, meaning that in the scenario where the stock is called, the shareholder has earned a 7.3% return from this trading level, in addition to any dividends collected before the stock was called.

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