Commit To Purchase Silver Spring Networks At $7.50, Earn 10.4% Annualized Using Options
March 31, 2015 at 11:32 AM EDT
Investors eyeing a purchase of Silver Spring Networks Inc (SSNI) shares, but cautious about paying the going market price of $9.04/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 $7.50 strike, which has a bid at the time of this writing of 50 cents..