Commit To Purchase iRobot Corp At $85, Earn 12.5% Annualized Using Options
June 06, 2017 at 11:38 AM EDT
Investors considering a purchase of iRobot Corp (IRBT) stock, but tentative about paying the going market price of $97.86/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $85 strike, which has a bid at the time of this writing of $5.60..