Investors considering a purchase of Shutterstock (SSTK) shares, but cautious about paying the going market price of $90.28/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $75 strike, which has a bid at the time of this writing of $3.90. Collecting that bid as the premium represents a 5.2% return against the $75 commitment, or a 11.9% annualized rate of return (at Stock Options Channel we call this the YieldBoost).
Commit To Buy Shutterstock At $75, Earn 11.9% Annualized Using Options
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