Commit To Buy GoPro At $0.50, Earn 24.8% Annualized Using Options

Investors considering a purchase of GoPro Inc (GPRO) stock, but cautious about paying the going market price of $0.8072/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 $0.50 strike, which has a bid at the time of this writing of 5 cents..