Commit To Buy Gogo At $5, Earn 6% Using Options

Investors considering a purchase of Gogo Inc (GOGO) shares, but cautious about paying the going market price of $19.03/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $5 strike, which has a bid at the time of this writing of 30 cents..