Commit To Purchase Universal Display Corp At $20, Earn 7.4% Annualized Using Options
April 07, 2014 at 11:45 AM EDT
Investors considering a purchase of Universal Display Corp (OLED) stock, but tentative about paying the going market price of $28.22/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $20 strike, which has a bid at the time of this writing of $1.15..