Shareholders of Group 1 Automotive, Inc. (GPI) looking to boost their income beyond the stock's 0.5% annualized dividend yield can sell the April 2025 covered call at the $410 strike and collect the premium based on the $20.40 bid, which annualizes to an additional 11.2% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 11.7% annualized rate in the scenario where the stock is not called away..