Commit To Purchase Trulia At $40, Earn 12.2% Using Options
December 31, 2014 at 11:46 AM EST
Investors eyeing a purchase of Trulia, Inc (TRLA) shares, but cautious about paying the going market price of $45.40/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 $40 strike, which has a bid at the time of this writing of $4.90..