Investors in Yahoo! Inc. (YHOO) saw new options begin trading today, for the July 12th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the YHOO options chain for the new July 12th contracts and identified one put and one call contract of particular interest.The put contract at the $24.50 strike price has a current bid of 17 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $24.50, but will also collect the premium, putting the cost basis of the shares at $24.33 (before broker commissions). To an investor already interested in purchasing shares of YHOO, that could represent an attractive alternative to paying $25.34/share today.
July 12th Options Now Available For Yahoo!
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