Commit To Purchase Demand Media At $5, Earn 13% Annualized Using Options
June 05, 2015 at 11:34 AM EDT
Investors eyeing a purchase of Demand Media Inc (DMD) stock, but cautious about paying the going market price of $6.02/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $5 strike, which has a bid at the time of this writing of 30 cents..