Commit To Buy Violin Memory At $2.50, Earn 12.8% Annualized Using Options
March 31, 2015 at 11:33 AM EDT
Investors considering a purchase of Violin Memory Inc (VMEM) stock, but tentative about paying the going market price of $3.70/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 15 cents..