Investors eyeing a purchase of LyondellBasell Industries NV (LYB) shares, but tentative about paying the going market price of $89.29/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $72.50 strike, which has a bid at the time of this writing of $5.00. Collecting that bid as the premium represents a 6.9% return against the $72.50 commitment, or a 3.8% annualized rate of return (at Stock Options Channel we call this the YieldBoost).
Commit To Buy LyondellBasell Industries At $72.50, Earn 6.9% Using Options
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