Shareholders of Genuine Parts Co. (GPC) looking to boost their income beyond the stock's 2.6% annualized dividend yield can sell the August covered call at the $105 strike and collect the premium based on the $5.00 bid, which annualizes to an additional 8.2% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 10.8% annualized rate in the scenario where the stock is not called away..