Commit To Purchase Yelp At $40, Earn 11.9% Annualized Using Options
May 12, 2015 at 11:31 AM EDT
Investors eyeing a purchase of Yelp Inc (YELP) shares, but cautious about paying the going market price of $49.14/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $40 strike, which has a bid at the time of this writing of $2.50..