Commit To Purchase Sanmina Corp At $19, Earn 10% Annualized Using Options
June 17, 2015 at 11:33 AM EDT
Investors considering a purchase of Sanmina Corp (SANM) shares, but tentative about paying the going market price of $21.63/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 $19 strike, which has a bid at the time of this writing of $1.10..