Shareholders of Berry Corp (bry) (BRY) looking to boost their income beyond the stock's 3% annualized dividend yield can sell the March 2026 covered call at the $5 strike and collect the premium based on the 20 cents bid, which annualizes to an additional 10% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 13% annualized rate in the scenario where the stock is not called away. Any upside above $5 would be lost if the stock rises there and is called away, but BRY shares would have to advance 25% from current levels for that to happen, meaning that in the scenario where the stock is called, the shareholder has earned a 30% return from this trading level, in addition to any dividends collected before the stock was called.

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