Commit To Buy Silicon Graphics International Corp At $8, Earn 13.2% Annualized Using Options
February 05, 2015 at 12:14 PM EST
Investors eyeing a purchase of Silicon Graphics International Corp (SGI) stock, but tentative about paying the going market price of $9.69/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $8 strike, which has a bid at the time of this writing of 65 cents..