Shareholders of FedEx Corp (NYSE: FDX) looking to boost their income beyond the stock's 0.5% annualized dividend yield can sell the January 2016 covered call at the $175 strike and collect the premium based on the $6.80 bid, which annualizes to an additional 3.3% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 3.9% annualized …
More: continued here