Viasat Inc (Symbol: VSAT) is currently trading at $26.28 per share. Investors considering alternatives to purchase may find selling the December 2027 put option at the $15 strike appealing, with a bid of $2.90. This equates to a 19.3% return against the $15 commitment, translating to an 8.3% annualized rate of return.
To benefit from this premium, Viasat’s share price would need to decline by 43.1% for the put to be exercised, leading to a cost basis of $12.10 per share before commissions. Recent trading data shows that on Thursday, the put volume among S&P 500 components reached 957,084 contracts, matched by call volume, creating a put:call ratio of 0.71, which is above the long-term median of 0.65.