Commit To Purchase Trulia At $35, Earn 11.1% Using Options
October 02, 2014 at 11:32 AM EDT
Investors eyeing a purchase of Trulia, Inc (TRLA) shares, but tentative about paying the going market price of $47.64/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 $35 strike, which has a bid at the time of this writing of $3.90..