Commit To Buy Arista Networks At $120, Earn 9.2% Using Options
June 15, 2017 at 12:03 PM EDT
Investors considering a purchase of Arista Networks Inc (ANET) shares, but tentative about paying the going market price of $149.90/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $120 strike, which has a bid at the time of this writing of $11.00..