Investors eyeing a purchase of Body Central Corp. (BODY) shares, but tentative about paying the going market price of $12.40/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2014 put at the $10 strike, which has a bid at the time of this writing of 65 cents. Collecting that bid as the premium represents a 6.5% return against the $10 commitment, or a 11.5% annualized rate of return (at Stock Options Channel we call this the YieldBoost).
Commit To Buy Body Central At $10, Earn 11.5% Annualized
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