Investors considering a purchase of Boyd Gaming Corp. (NYSE: BYD) stock, but tentative about paying the going market price of $12.35/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $7 strike, which has a bid at the time of this writing of 85 cents. Collecting that bid as the premium represents a 12.1% return against the $7 commitment, or a 7.5% annualized rate of retu...
Investors considering a purchase of Boyd Gaming Corp. (NYSE: BYD) stock, but tentative about paying the going market price of $12.35/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $7 strike, which has a bid at the time of this writing of 85 cents. Collecting that bid as the premium represents a 12.1% return against the $7 commitment, or a 7.5% annualized rate of retu...
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