Shareholders of Booking Holdings Inc (BKNG) looking to boost their income beyond the stock's 0.9% annualized dividend yield can sell the December 2026 covered call at the $4700 strike and collect the premium based on the $449.80 bid, which annualizes to an additional 5.2% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 6.1% annualized rate in the scenario where the stock is not called away. Any upside above $4700 would be lost if the stock rises there and is called away, but BKNG shares would have to climb 22.1% from current levels for that to happen, meaning that in the scenario where the stock is called, the shareholder has earned a 33.8% return from this trading level, in addition to any dividends collected before the stock was called.