Investors in Yahoo! Inc. (YHOO) saw new options become available today, for the September 13th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the YHOO options chain for the new September 13th contracts and identified one put and one call contract of particular interest.The put contract at the $28.00 strike price has a current bid of 36 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $28.00, but will also collect the premium, putting the cost basis of the shares at $27.64 (before broker commissions). To an investor already interested in purchasing shares of YHOO, that could represent an attractive alternative to paying $28.17/share today.
Interesting YHOO Put And Call For September 13th
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