Investors considering a purchase of Geospace Technologies Corp (GEOS) shares, but cautious about paying the going market price of $82.37/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 $65 strike, which has a bid at the time of this writing of $2.80. Collecting that bid as the premium represents a 4.3% return against the $65 commitment, or a 9.5% annualized rate of return (at Stock Options Channel we call this the YieldBoost).
Commit To Purchase Geospace Technologies At $65, Earn 9.5% Annualized
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