Commit To Purchase Lindblad Expeditions Holdings At $5, Earn 14% Annualized Using Options

Investors eyeing a purchase of Lindblad Expeditions Holdings Inc (LIND) stock, but cautious about paying the going market price of $7.42/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $5 strike, which has a bid at the time of this writing of 35 cents..