Commit To Purchase Infoblox At $7.50, Earn 10% Using Options
August 14, 2014 at 11:27 AM EDT
Investors considering a purchase of Infoblox Inc (BLOX) stock, but cautious about paying the going market price of $12.23/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 $7.50 strike, which has a bid at the time of this writing of 75 cents..