Commit To Buy Procera Networks At $7.50, Earn 7.5% Annualized Using Options
September 29, 2014 at 11:30 AM EDT
Investors considering a purchase of Procera Networks Inc (PKT) stock, but tentative about paying the going market price of $9.67/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2015 put at the $7.50 strike, which has a bid at the time of this writing of 35 cents..