Commit To Purchase Radio One At $2.50, Earn 10.4% Annualized Using Options
July 29, 2016 at 11:43 AM EDT
Investors eyeing a purchase of Radio One Inc (ROIAK) stock, but tentative about paying the going market price of $3.18/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 $2.50 strike, which has a bid at the time of this writing of 10 cents..