Commit To Purchase Limelight Networks At $3, Earn 10.4% Annualized Using Options
March 26, 2015 at 11:35 AM EDT
Investors eyeing a purchase of Limelight Networks Inc (LLNW) shares, but tentative about paying the going market price of $3.48/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $3 strike, which has a bid at the time of this writing of 15 cents..