market_story_8_leadCommit To Buy Comtech Telecommunications Corp. At $17.50, Earn 11.6% Annualized Using Options

Investors eyeing a purchase of Comtech Telecommunications Corp. (CMTL) shares, but cautious about paying the going market price of $21.50/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $17.50 strike, which has a bid at the time of this writing of 75 cents. Collecting that bid as the premium represents a 4.3% return against the $17.50 commitment, or a 11.6% annualized rate of return (at Stock Options Channel we call this the YieldBoost).

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