Commit To Purchase Yelp At $40, Earn 9% Using Options
January 05, 2015 at 11:41 AM EST
Investors considering a purchase of Yelp Inc (YELP) stock, but tentative about paying the going market price of $54.32/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $40 strike, which has a bid at the time of this writing of $3.60..