Commit To Buy Ultra Clean Holdings At $10, Earn 10.1% Annualized Using Options
April 11, 2014 at 11:39 AM EDT
Investors eyeing a purchase of Ultra Clean Holdings Inc (UCTT) stock, but cautious about paying the going market price of $11.93/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 $10 strike, which has a bid at the time of this writing of 45 cents..