Commit To Purchase Akamai Technologies At $37.50, Earn 5.6% Using Options

Investors eyeing a purchase of Akamai Technologies Inc (AKAM) shares, but cautious about paying the going market price of $57.54/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $37.50 strike, which has a bid at the time of this writing of $2.09..