Commit To Buy Arista Networks At $60, Earn 11% Annualized Using Options

Investors eyeing a purchase of Arista Networks Inc (ANET) stock, but tentative about paying the going market price of $68.58/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $60 strike, which has a bid at the time of this writing of $3.70..