Commit To Buy Diamond Foods At $20, Earn 7.2% Using Options
September 09, 2014 at 11:31 AM EDT
Investors eyeing a purchase of Diamond Foods Inc (DMND) stock, but tentative about paying the going market price of $27.58/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $20 strike, which has a bid at the time of this writing of $1.45..