Commit To Buy Rubicon Technology At $10, Earn 15.3% Annualized Using Options
March 25, 2014 at 12:20 PM EDT
Investors eyeing a purchase of Rubicon Technology Inc (RBCN) stock, but tentative about paying the going market price of $12.36/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $10 strike, which has a bid at the time of this writing of 75 cents..