Commit To Purchase iGate Corp At $25, Earn 5.6% Annualized Using Options
January 27, 2015 at 11:51 AM EST
Investors considering a purchase of iGate Corp (IGTE) stock, but tentative about paying the going market price of $34.22/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 $25 strike, which has a bid at the time of this writing of 90 cents..