Commit To Buy Immersion Corp At $7.50, Earn 12.9% Annualized Using Options
September 22, 2014 at 12:17 PM EDT
Investors eyeing a purchase of Immersion Corp (IMMR) stock, but cautious about paying the going market price of $9.04/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2015 put at the $7.50 strike, which has a bid at the time of this writing of 40 cents..