Commit To Buy Immersion Corp At $7.50, Earn 18.6% Annualized Using Options
May 31, 2017 at 11:42 AM EDT
Investors eyeing a purchase of Immersion Corp (IMMR) stock, but cautious about paying the going market price of $8.45/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $7.50 strike, which has a bid at the time of this writing of 65 cents..