Commit To Buy Ubiquiti Networks At $28, Earn 19.3% Using Options
April 07, 2014 at 11:47 AM EDT
Investors considering a purchase of Ubiquiti Networks (UBNT) stock, but tentative about paying the going market price of $39.57/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $28 strike, which has a bid at the time of this writing of $5.40..