Investors considering a purchase of Sourcefire Inc (FIRE) shares, but tentative about paying the going market price of $53.40/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 $37.50 strike, which has a bid at the time of this writing of $5.20. Collecting that bid as the premium represents a 13.9% return against the $37.50 commitment, or a 8.7% annualized rate of return (at Stock Options Channel we call this the YieldBoost).
Commit To Buy Sourcefire At $37.50, Earn 13.9%
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