Investors considering a purchase of Media General, Inc. (MEG) shares, but cautious about paying the going market price of $13.29/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2014 put at the $10 strike, which has a bid at the time of this writing of 90 cents. Collecting that bid as the premium represents a 9% return against the $10 commitment, or a 14% annualized rate of return (at Stock Options Channel we call this the YieldBoost).
Commit To Purchase Media General At $10, Earn 14% Annualized
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