Agree To Buy Verisign At $45, Earn 2.9% Annualized Using Options
July 28, 2014 at 11:29 AM EDT
Investors considering a purchase of Verisign Inc (VRSN) shares, but cautious about paying the going market price of $54.55/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2015 put at the $45 strike, which has a bid at the time of this writing of 85 cents..