Shareholders of Entergy Corp (ETR) looking to boost their income beyond the stock's 2.7% annualized dividend yield can sell the January 2027 covered call at the $100 strike and collect the premium based on the $4.70 bid, which annualizes to an additional 4% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 6.7% 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 ETR shares would have to advance 13% from current levels for that to occur, meaning that in the scenario where the stock is called, the shareholder has earned a 18.3% return from this trading level, in addition to any dividends collected before the stock was called.

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