Investors eyeing a purchase of Solazyme Inc. (SZYM) shares, but tentative about paying the going market price of $10.30/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $5 strike, which has a bid at the time of this writing of 70 cents. Collecting that bid as the premium represents a 14% return against the $5 commitment, or a 10.6% annualized rate of return (at Stock Options Channel we call this the YieldBoost).
Commit To Purchase Solazyme At $5, Earn 14%
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