Commit To Buy VASCO Data Security International At $15, Earn 12.9% Annualized Using Options
May 03, 2016 at 11:42 AM EDT
Investors eyeing a purchase of VASCO Data Security International Inc (VDSI) stock, but cautious about paying the going market price of $18.08/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $15 strike, which has a bid at the time of this writing of $1.20..