Commit To Buy Infinera Corp At $8, Earn 8.8% Using Options
September 25, 2014 at 12:40 PM EDT
Investors considering a purchase of Infinera Corp (INFN) shares, but cautious about paying the going market price of $10.83/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 $8 strike, which has a bid at the time of this writing of 70 cents..