Commit To Buy InnerWorkings At $7.50, Earn 12% Annualized Using Options
October 17, 2014 at 11:36 AM EDT
Investors eyeing a purchase of InnerWorkings Inc (INWK) shares, but cautious about paying the going market price of $8.29/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2015 put at the $7.50 strike, which has a bid at the time of this writing of 45 cents..