Commit To Buy Rubicon Technology At $2, Earn 9.6% Annualized Using Options
June 11, 2015 at 11:37 AM EDT
Investors considering a purchase of Rubicon Technology Inc (RBCN) shares, but tentative about paying the going market price of $2.90/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $2 strike, which has a bid at the time of this writing of 10 cents..