Investors eyeing a purchase of Lincoln National Corp. (LNC) stock, but tentative about paying the going market price of $51.80/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 $33 strike, which has a bid at the time of this writing of $1.62. Collecting that bid as the premium represents a 4.9% return against the $33 commitment, or a 2.7% annualized rate of return (at Stock Options Channel we call this the YieldBoost).
Agree To Purchase Lincoln National Corp. At $33, Earn 4.9% Using Options
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