Shareholders of Primoris Services Corp (Symbol: PRIM) have the opportunity to boost their income by selling a covered call at the $135 strike for a potential 26.3% annualized rate of return. The stock would need to rise 8.4% for the call to be exercised, resulting in a 17.9% return. Dividend history can help determine future payouts, with a current annualized yield of 0.3%. The stock’s volatility is 50%, providing insight into risk and reward. For more options contract ideas and analysis, visit the PRIM Stock Options page on StockOptionsChannel.com.
Read more at Nasdaq: How To YieldBoost Primoris Services From 0.3% To 26.3% Using Options
