Commit To Purchase Peregrine Semiconductor Corp At $5, Earn 9.6% Annualized Using Options
June 02, 2014 at 11:43 AM EDT
Investors eyeing a purchase of Peregrine Semiconductor Corp (PSMI) stock, but tentative about paying the going market price of $6.28/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $5 strike, which has a bid at the time of this writing of 30 cents..