Shareholders of Olin Corp. (OLN) looking to boost their income beyond the stock's 1.9% annualized dividend yield can sell the February 2025 covered call at the $45 strike and collect the premium based on the $2.85 bid, which annualizes to an additional 13.1% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 15% annualized rate in the scenario where the stock is not called away..