Commit To Buy STEC At $3, Earn 23.3%
June 14, 2013 at 12:28 PM EDT
Investors considering a purchase of STEC Inc (STEC) stock, but tentative about paying the going market price of $3.52/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $3 strike, which has a bid at the time of this writing of 70 cents.
