Commit To Purchase Infoblox At $17.50, Earn 15.1% Using Options
March 06, 2015 at 11:31 AM EST
Investors considering a purchase of Infoblox Inc (BLOX) shares, but cautious about paying the going market price of $24.26/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $17.50 strike, which has a bid at the time of this writing of $2.65..