Commit To Buy Super Micro Computer At $22.50, Earn 8.5% Annualized Using Options
September 29, 2014 at 11:32 AM EDT
Investors considering a purchase of Super Micro Computer Inc (SMCI) stock, but tentative about paying the going market price of $29.20/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2015 put at the $22.50 strike, which has a bid at the time of this writing of $1.05..