Commit To Purchase Silver Spring Networks At $10, Earn 13.4% Annualized Using Options
July 07, 2015 at 11:37 AM EDT
Investors considering a purchase of Silver Spring Networks Inc (SSNI) stock, but tentative about paying the going market price of $11.90/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 $10 strike, which has a bid at the time of this writing of 50 cents..