Author: Phil Lamanna and Greg Patrick, Trades Of The Day

By every single basic valuation metric it’s well off of its own respective recent historical average. And here’s how to boost your income from its already juicy 4.7% yield.

Shares already yield an attractive 4.2% right now, but by selling a covered call option we can create even higher income instantly.

Here’s another example of using a ~2% yielding stock to significantly boost your income.

If you’re willing to give up most of Microsoft’s upside potential in exchange for a relative safe, ultra-high yield, consider the following opportunity.

Here’s how to turn its regular sub-3% dividend into a 35.7% to 50.1% annualized yield.