Commit To Purchase Ubiquiti Networks At $30, Earn 14.7% Using Options
July 25, 2014 at 11:35 AM EDT
Investors considering a purchase of Ubiquiti Networks Inc (UBNT) shares, but tentative about paying the going market price of $40.15/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 $30 strike, which has a bid at the time of this writing of $4.40..