Investors considering a purchase of Puma Biotechnology, Inc. (PBYI) shares, but tentative about paying the going market price of $45.22/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 $40 strike, which has a bid at the time of this writing of $5.10. Collecting that bid as the premium represents a 12.8% return against the $40 commitment, or a 29.8% annualized rate of return (at Stock Options Channel we call this the YieldBoost).
Commit To Purchase Puma Biotechnology At $40, Earn 29.8% Annualized Using Options
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