Commit To Purchase Super Micro Computer At $25, Earn 9% Annualized Using Options
June 26, 2015 at 11:39 AM EDT
Investors eyeing a purchase of Super Micro Computer Inc (SMCI) stock, but tentative about paying the going market price of $30.88/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $25 strike, which has a bid at the time of this writing of $1.25..