Shareholders of Globe Life Inc (GL) looking to boost their income beyond the stock's 0.9% annualized dividend yield can sell the January 2026 covered call at the $130 strike and collect the premium based on the $6.30 bid, which annualizes to an additional 4.7% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 5.6% annualized rate in the scenario where the stock is not called away. Any upside above $130 would be lost if the stock rises there and is called away, but GL shares would have to climb 21.9% from current levels for that to occur, meaning that in the scenario where the stock is called, the shareholder has earned a 27.8% return from this trading level, in addition to any dividends collected before the stock was called.