Commit To Buy Limelight Networks At $4, Earn 15.4% Annualized Using Options
September 18, 2018 at 11:48 AM EDT
Investors considering a purchase of Limelight Networks Inc (LLNW) shares, but cautious about paying the going market price of $5.09/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2019 put at the $4 strike, which has a bid at the time of this writing of 30 cents..