Commit To Buy athenahealth At $85, Earn 6.9% Using Options
November 10, 2014 at 11:40 AM EST
Investors considering a purchase of Athenahealth Inc (ATHN) stock, but cautious about paying the going market price of $124.96/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $85 strike, which has a bid at the time of this writing of $5.90..