Investors considering a purchase of Rubicon Technology (RBCN) stock, but cautious about paying the going market price of $11.44/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 $9 strike, which has a bid at the time of this writing of 55 cents. Collecting that bid as the premium represents a 6.1% return against the $9 commitment, or a 11.9% annualized rate of return (at Stock Options Channel we call this the YieldBoost).
Commit To Buy Rubicon Technology At $9, Earn 11.9% Annualized
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