Commit To Buy DigitalGlobe At $17.50, Earn 8.8% Annualized Using Options
June 10, 2016 at 14:03 PM EDT
Investors considering a purchase of DigitalGlobe Inc (DGI) shares, but tentative about paying the going market price of $21.11/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 $17.50 strike, which has a bid at the time of this writing of 80 cents..