Commit To Buy Rally Software Development At $7.50, Earn 10.2% Annualized Using Options
November 25, 2014 at 12:00 PM EST
Investors eyeing a purchase of Rally Software Development Corp (RALY) shares, but cautious about paying the going market price of $9.73/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2015 put at the $7.50 strike, which has a bid at the time of this writing of 30 cents..