Commit To Buy Fortinet At $20, Earn 5.5% Using Options
November 11, 2014 at 11:33 AM EST
Investors eyeing a purchase of Fortinet Inc (FTNT) shares, but cautious about paying the going market price of $27.10/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 $20 strike, which has a bid at the time of this writing of $1.10..