Commit To Purchase GameStop Corp At $30, Earn 9.4% Using Options
July 01, 2015 at 11:55 AM EDT
Investors eyeing a purchase of GameStop Corp (GME) stock, but tentative about paying the going market price of $44.09/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $30 strike, which has a bid at the time of this writing of $2.81..