Investors considering a purchase of Mylan Inc (MYL) stock, but cautious about paying the going market price of $30.12/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 $20 strike, which has a bid at the time of this writing of 67 cents. Collecting that bid as the premium represents a 3.4% return against the $20 commitment, or a 2.1% annualized rate of return (at Stock Options Channel we call this the YieldBoost).
Commit To Buy Mylan At $20, Earn 3.4%
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