Commit To Buy Internap Corp At $7.50, Earn 8.8% Annualized Using Options
August 03, 2015 at 11:39 AM EDT
Investors eyeing a purchase of Internap Corp (INAP) stock, but cautious about paying the going market price of $9.25/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 $7.50 strike, which has a bid at the time of this writing of 30 cents..