Commit To Purchase Immersion Corp At $7.50, Earn 13.1% Annualized Using Options
January 05, 2015 at 11:40 AM EST
Investors considering a purchase of Immersion Corp (IMMR) stock, but cautious about paying the going market price of $9.47/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May put at the $7.50 strike, which has a bid at the time of this writing of 35 cents..