Commit To Purchase InnerWorkings At $5, Earn 6.9% Annualized Using Options
March 18, 2015 at 11:31 AM EDT
Investors eyeing a purchase of InnerWorkings Inc (INWK) shares, but tentative about paying the going market price of $6.57/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $5 strike, which has a bid at the time of this writing of 20 cents..