Commit To Buy InnerWorkings At $5, Earn 7.3% Annualized Using Options
September 28, 2015 at 11:45 AM EDT
Investors eyeing a purchase of InnerWorkings Inc (INWK) stock, but cautious about paying the going market price of $6.33/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2016 put at the $5 strike, which has a bid at the time of this writing of 20 cents..