Commit To Purchase Financial Engines At $35, Earn 10% Annualized Using Options
April 14, 2015 at 11:37 AM EDT
Investors considering a purchase of Financial Engines Inc (FNGN) shares, but tentative about paying the going market price of $41.55/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 $35 strike, which has a bid at the time of this writing of $1.50..