Investors considering a purchase of Horizon Pharma Inc (HZNP) stock, but cautious about paying the going market price of $2.30/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 $1 strike, which has a bid at the time of this writing of 15 cents. Collecting that bid as the premium represents a 15% return against the $1 commitment, or a 9.4% annualized rate of return (at Stock Options Channel we call this the YieldBoost).
Commit To Buy Horizon Pharma At $1, Earn 15%
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