Investors eyeing a purchase of Angie's List Inc. (ANGI) shares, but cautious about paying the going market price of $23.11/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $12.50 strike, which has a bid at the time of this writing of $1.65. Collecting that bid as the premium represents a 13.2% return against the $12.50 commitment, or a 8.1% annualized rate of return (at Stock Options Channel we call this the YieldBoost).
Commit To Purchase Angie's List At $12.50, Earn 13.2%
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