Commit To Buy FireEye At $20, Earn 11.5% Using Options
December 09, 2014 at 11:36 AM EST
Investors considering a purchase of FireEye Inc (FEYE) stock, but cautious about paying the going market price of $29.72/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 $20 strike, which has a bid at the time of this writing of $2.30..