Shareholders of SPX Flow Inc (FLOW) looking to boost their income beyond the stock's 0.5% annualized dividend yield can sell the August covered call at the $85 strike and collect the premium based on the 10 cents bid, which annualizes to an additional 23.4% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 23.9% annualized rate in the scenario where the stock is not called away. Any upside above $85 would be lost if the stock rises there and is called away, but FLOW shares would have to advance 9% from current levels for that to occur, meaning that in the scenario where the stock is called, the shareholder has earned a 9.2% return from this trading level, in addition to any dividends collected before the stock was called.