Commit To Purchase Immersion Corp At $7.50, Earn 19.1% Annualized Using Options
November 07, 2016 at 11:34 AM EST
Investors eyeing a purchase of Immersion Corp (IMMR) stock, but tentative about paying the going market price of $8.62/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2017 put at the $7.50 strike, which has a bid at the time of this writing of 40 cents..