23-02-2017 18:51 via nasdaq.com

Strategy To YieldBoost Penske Automotive Group From 2.3% To 12.9% Using Options - Nasdaq

Strategy To YieldBoost Penske Automotive Group From 2.3% To 12.9% Using Options
Nasdaq
Shareholders of Penske Automotive Group Inc (Symbol: PAG) looking to boost their income beyond the stock's 2.3% annualized dividend yield can sell the August covered call at the $55 strike and collect the premium based on the $2.60 bid, which ...
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