Commit To Buy DigitalGlobe At $22.50, Earn 14.7% Annualized Using Options
August 13, 2015 at 11:42 AM EDT
Investors eyeing a purchase of DigitalGlobe Inc (DGI) stock, but tentative about paying the going market price of $24.67/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 $22.50 strike, which has a bid at the time of this writing of $1.15..