Commit To Purchase Limelight Networks At $2, Earn 15.5% Annualized Using Options
March 22, 2017 at 11:36 AM EDT
Investors eyeing a purchase of Limelight Networks Inc (LLNW) shares, but cautious about paying the going market price of $2.39/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 $2 strike, which has a bid at the time of this writing of 15 cents..