Shareholders of Bank OZK (OZK) looking to boost their income beyond the stock's 3.3% annualized dividend yield can sell the January 2027 covered call at the $65 strike and collect the premium based on the $3.90 bid, which annualizes to an additional 3.9% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 7.2% annualized rate in the scenario where the stock is not called away. Any upside above $65 would be lost if the stock rises there and is called away, but OZK shares would have to climb 27.2% from current levels for that to happen, meaning that in the scenario where the stock is called, the shareholder has earned a 34.9% return from this trading level, in addition to any dividends collected before the stock was called.