Commit To Buy Immersion Corp At $5, Earn 13.2% Annualized Using Options
August 08, 2016 at 11:42 AM EDT
Investors considering a purchase of Immersion Corp (IMMR) shares, but cautious about paying the going market price of $6.58/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2017 put at the $5 strike, which has a bid at the time of this writing of 35 cents..