The stock market is within striking distance of all-time highs. Yet at the same time, yields on bonds and dividend stocks continue to creep lower, making it difficult for investors to generate above-average returns.

In today's video, Matt and Paul beef up the income-generating part of their real-money portfolio by using an options strategy on a favorite stock that happens to be trading near its 52-week low. Not only does the strategy generate an almost 18% annualized yield, but it also gives them the option to buy the stock at even cheaper prices on a market pullback. Get the name and their trade by watching the following video.

If you're on the quest for high-yielding invstment ideas, The Motley Fool has compiled a special free report outlining our nine top dependable dividend-paying stocks. It's called  "Secure Your Future With 9 Rock-Solid Dividend Stocks." You can access your complimentary copy today at no cost! Just click here to discover the winners we've picked.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.