Commit To Buy Sequenom At $3, Earn 8.3% Using Options
December 31, 2014 at 11:45 AM EST
Investors considering a purchase of Sequenom Inc (SQNM) shares, but tentative about paying the going market price of $3.69/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 $3 strike, which has a bid at the time of this writing of 25 cents..