Investors considering a purchase of Mine Safety Appliances Co (MSA) stock, but tentative about paying the going market price of $51.17/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2014 put at the $45 strike, which has a bid at the time of this writing of $1.40. Collecting that bid as the premium represents a 3.1% return against the $45 commitment, or a 5.3% annualized rate of return (at Stock Options Channel we call this the YieldBoost).
Commit To Purchase Mine Safety Appliances At $45, Earn 5.3% Annualized
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