Investors considering a purchase of Geron Corp. (GERN) stock, but tentative about paying the going market price of $1.15/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $1 strike, which has a bid at the time of this writing of 10 cents. Collecting that bid as the premium represents a 10% return against the $1 commitment, or a 38% annualized rate of return (at Stock Options Channel we call this the YieldBoost).
Commit To Purchase Geron Corp. At $1, Earn 38% Annualized
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