Commit To Buy Super Micro Computer At $17.50, Earn 9.7% Annualized Using Options
August 11, 2016 at 11:46 AM EDT
Investors considering a purchase of Super Micro Computer Inc (SMCI) shares, but tentative about paying the going market price of $21.53/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 $17.50 strike, which has a bid at the time of this writing of 75 cents..