Strategy To YieldBoost MEI From 1.4% To 26.1% Using Options

This article outlines an options strategy to increase the yield on Methode Electronics Inc. (MEI) from 1.4% to 26.1%. It discusses using a covered call strategy with a January 2027 $22.50 strike price, considering the stock's historical volatility and dividend history. The article also touches on broader S&P 500 options trading volume, noting a preference for calls.