Commit To Purchase Control4 Corp At $7.50, Earn 16.7% Annualized Using Options
July 29, 2016 at 11:46 AM EDT
Investors eyeing a purchase of Control4 Corp (CTRL) stock, but cautious about paying the going market price of $8.66/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $7.50 strike, which has a bid at the time of this writing of 60 cents..