YieldBoost Wingstop To 7.7% Using Options

Group 1 - Wingstop Inc (WING) shareholders can enhance their income by selling a January 2028 covered call at a $390 strike price, which can yield an additional 7.3% annualized return based on the current stock price of $46.50, leading to a total annualized rate of 7.7% if the stock is not called away [2][3] - If WING shares rise to $390, shareholders would miss out on any upside above that price, which requires a 43.7% increase from current levels, resulting in a 60.8% return from this trading level, plus any dividends collected before the stock is called [2][3] - The historical volatility of WING is calculated at 57%, which can assist in evaluating the risk-reward profile of selling the covered call option [7] Group 2 - Dividend amounts for Wingstop Inc are not always predictable and are influenced by the company's profitability, with the current annualized dividend yield at 0.4% [3] - A chart showing WING's trailing twelve-month trading history highlights the $390 strike price, providing a visual reference for potential trading strategies [4] - In mid-afternoon trading, the put volume among S&P 500 components was 983,948 contracts, while call volume reached 2.20 million, indicating a high preference for call options among traders with a put:call ratio of 0.45 [8]