Commit To Purchase Infoblox At $12.50, Earn 5.2% Using Options
June 05, 2015 at 11:33 AM EDT
Investors eyeing a purchase of Infoblox Inc (BLOX) stock, but cautious about paying the going market price of $27.02/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 $12.50 strike, which has a bid at the time of this writing of 65 cents..