Maximizing Returns with Flagstar Bank's YieldBoost Option

Flagstar Bank, National Association (FLG) shareholders can boost their income by selling the January 2028 covered call at $17 and collecting a $1.30 premium, which annualizes to a 4.9% rate of return. If the stock rises to $17 and is called away, the shareholder would have earned a 43.1% return. The company's dividend history chart and trailing twelve month volatility can help determine whether selling the covered call is a good risk-reward trade.