Commit To Purchase WesBanco At $30, Earn 7.6% Annualized

Investors considering a purchase of WesBanco, Inc. (NASD: WSBC) stock, but tentative about paying the going market price of $29.98/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2014 put at the $30 strike, which has a bid at the time of this writing of $1.15. Collecting that bid as the premium represents a 3.8% return against the $30 commitment, or a 7.6% annualized rate of return ...