Commit To Purchase Vonage Holdings Corp At $3, Earn 9.9% Annualized Using Options
December 16, 2014 at 12:11 PM EST
Investors eyeing a purchase of Vonage Holdings Corp (VG) stock, but cautious about paying the going market price of $3.38/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2015 put at the $3 strike, which has a bid at the time of this writing of 15 cents..