Investors eyeing a purchase of USANA Health Sciences Inc (USNA) shares, but cautious about paying the going market price of $70.50/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $55 strike, which has a bid at the time of this writing of $3.30. Collecting that bid as the premium represents a 6% return against the $55 commitment, or a 18.1% annualized rate of return (at Stock Options Channel we call this the YieldBoost).
Commit To Purchase USANA Health Sciences At $55, Earn 18.1% Annualized
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