Commit To Purchase Akamai Technologies At $35, Earn 7.2%

Investors eyeing a purchase of Akamai Technologies Inc (NASD: AKAM) shares, but cautious about paying the going market price of $47.23/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 $35 strike, which has a bid at the time of this writing of $2.52. Collecting that bid as the premium represents a 7.2% return against the $35 commitment, or a 5.1% annualized rate of retu...