Investors considering a purchase of Align Technology Inc (NASD: ALGN) stock, but cautious about paying the going market price of $35.10/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 $23 strike, which has a bid at the time of this writing of $2.00. Collecting that bid as the premium represents a 8.7% return against the $23 commitment, or a 5.6% annualized rate of ret...
Investors considering a purchase of Align Technology Inc (NASD: ALGN) stock, but cautious about paying the going market price of $35.10/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 $23 strike, which has a bid at the time of this writing of $2.00. Collecting that bid as the premium represents a 8.7% return against the $23 commitment, or a 5.6% annualized rate of ret...
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