Commit To Buy Limelight Networks At $2, Earn 8.7% Annualized Using Options
August 21, 2015 at 15:00 PM EDT
Investors eyeing a purchase of Limelight Networks Inc (LLNW) shares, but cautious about paying the going market price of $2.45/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2016 put at the $2 strike, which has a bid at the time of this writing of 10 cents..