Commit To Buy Teradata At $30, Earn 6.5% Using Options
September 24, 2014 at 12:12 PM EDT
Investors eyeing a purchase of Teradata Corp (TDC) shares, but cautious about paying the going market price of $43.03/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $30 strike, which has a bid at the time of this writing of $1.95..