Commit To Buy Applied Optoelectronics At $12.50, Earn 16.2% Annualized Using Options
March 31, 2015 at 11:31 AM EDT
Investors eyeing a purchase of Applied Optoelectronics Inc (AAOI) stock, but cautious about paying the going market price of $13.93/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $12.50 strike, which has a bid at the time of this writing of 95 cents..