Investors eyeing a purchase of Oncothyreon Inc (ONTY) shares, but cautious about paying the going market price of $1.94/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $1 strike, which has a bid at the time of this writing of 5 cents. Collecting that bid as the premium represents a 5% return against the $1 commitment, or a 11.5% annualized rate of return (at Stock Options Channel we call this the YieldBoost).
Commit To Purchase Oncothyreon At $1, Earn 11.5% Annualized
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