Investors eyeing a purchase of FLIR Systems, Inc. (FLIR) stock, but cautious about paying the going market price of $34.90/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $31 strike, which has a bid at the time of this writing of $1.00. Collecting that bid as the premium represents a 3.2% return against the $31 commitment, or a 5.7% annualized rate of return (at Stock Options Channel we call this the YieldBoost).
Commit To Buy FLIR Systems At $31, Earn 5.7% Annualized Using Options
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