Commit To Buy Immersion Corp At $5, Earn 11.3% Annualized Using Options
February 08, 2016 at 11:43 AM EST
Investors considering a purchase of Immersion Corp (IMMR) stock, but cautious about paying the going market price of $7.47/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $5 strike, which has a bid at the time of this writing of 30 cents..