Shareholders of Genuine Parts Co. (GPC) can potentially boost their income by selling the February 2026 covered call at the $135 strike, collecting a premium that annualizes to a 12.2% rate of return. If the stock is not called away, the total annualized rate would be 15.4%. The stock would need to rise 1.6% for it to be called away at $135, resulting in an 8.1% return. Dividend amounts can vary based on profitability. The put:call ratio for S&P 500 components was 0.49, indicating high call volume compared to puts today.

Source: Stock Options Channel

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