Commit To Purchase Rubicon Technology At $4, Earn 28.4% Annualized Using Options
March 09, 2015 at 11:35 AM EDT
Investors considering a purchase of Rubicon Technology Inc (RBCN) shares, but cautious about paying the going market price of $4.47/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $4 strike, which has a bid at the time of this writing of 60 cents..