Shareholders of Matthews International Corp (MATW) looking to boost their income beyond the stock's 3.3% annualized dividend yield can sell the June covered call at the $35 strike and collect the premium based on the $1.30 bid, which annualizes to an additional 10.7% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 14% annualized rate in the scenario where the stock is not called away. Any upside above $35 would be lost if the stock rises there and is called away, but MATW shares would have to climb 16.4% from current levels for that to happen, meaning that in the scenario where the stock is called, the shareholder has earned a 20.7% return from this trading level, in addition to any dividends collected before the stock was called.