WebOption 1: Place a buy limit order . Buy 100 shares of YHOO @ 49 . Cost basis = 49 (if order is filled @ 49) Option 2: Sell a $49 strike put . SPO -YHOO150130P49 @ 1.68 . Cost basis = 47.32 (if the put is assigned ) Example assumes you sell the put at current bid price *If you are not assigned on the short put, you still get to keep the premium! WebOptions trading privileges subject to dough review and approval. Please read Characteristics and Risks of Standardized Options and other disclosures found at dough.com and in the documents section of the app before investing in options. Margin trading involves interest charges and risks, including the potential to lose more funds …

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