Shareholders of Genie Energy Ltd (GNE) looking to boost their income beyond the stock's 1.8% annualized dividend yield can sell the March 2025 covered call at the $20 strike and collect the premium based on the 90 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 11.8% annualized rate in the scenario where the stock is not called away. Any upside above $20 would be lost if the stock rises there and is called away, but GNE shares would have to advance 15.9% from current levels for that to occur, meaning that in the scenario where the stock is called, the shareholder has earned a 21.2% return from this trading level, in addition to any dividends collected before the stock was called.