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Agree To Purchase Verisign At $170, Earn 4.4% Annualized Using Options

Investors considering a purchase of Verisign Inc (VRSN) stock, but cautious about paying the going market price of $196.51/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $170 strike, which has a bid at the time of this writing of $4.35..
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