Commit To Purchase Model N At $10, Earn 10.6% Annualized Using Options
July 28, 2015 at 11:39 AM EDT
Investors considering a purchase of Model N, Inc (MODN) shares, but tentative about paying the going market price of $11.28/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2016 put at the $10 strike, which has a bid at the time of this writing of 60 cents..