Commit To Buy Ubiquiti Networks At $20, Earn 9.7% Annualized Using Options
January 22, 2015 at 11:36 AM EST
Investors considering a purchase of Ubiquiti Networks Inc (UBNT) shares, but tentative about paying the going market price of $28.86/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 $20 strike, which has a bid at the time of this writing of $1.90..