Commit To Purchase Extreme Networks At $2.50, Earn 21.3% Annualized Using Options
January 21, 2015 at 11:51 AM EST
Investors eyeing a purchase of Extreme Networks Inc (EXTR) shares, but cautious about paying the going market price of $2.93/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 $2.50 strike, which has a bid at the time of this writing of 35 cents..