Commit To Buy magicJack VocalTec At $5, Earn 17% Using Options
March 31, 2015 at 11:30 AM EDT
Investors eyeing a purchase of magicJack VocalTec Ltd (CALL) stock, but tentative about paying the going market price of $6.88/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 $5 strike, which has a bid at the time of this writing of 85 cents..