Investors eyeing a purchase of Intuitive Surgical (ISRG) stock, but tentative about paying the going market price of $368.53/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $220 strike, which has a bid at the time of this writing of $14.40. Collecting that bid as the premium represents a 6.5% return against the $220 commitment, or a 2.8% annualized rate of return (at Stock Options Channel we call this the YieldBoost).
Commit To Buy Intuitive Surgical At $220, Earn 6.5%
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