Shareholders of AMETEK Inc (AME) looking to boost their income beyond the stock's 0.6% annualized dividend yield can sell the December covered call at the $135 strike and collect the premium based on the $3.50 bid, which annualizes to an additional 10.6% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 11.2% annualized rate in the scenario where the stock is not called away. Any upside above $135 would be lost if the stock rises there and is called away, but AME shares would have to advance 3.1% from current levels for that to occur, meaning that in the scenario where the stock is called, the shareholder has earned a 5.7% return from this trading level, in addition to any dividends collected before the stock was called.