Investors considering a purchase of LogMeIn Inc (LOGM) shares, but cautious about paying the going market price of $30.95/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2014 put at the $25 strike, which has a bid at the time of this writing of $1.45. Collecting that bid as the premium represents a 5.8% return against the $25 commitment, or a 8.8% annualized rate of return (at Stock Options Channel we call this the YieldBoost).
Commit To Purchase LogMeIn At $25, Earn 8.8% Annualized Using Options
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