Commit To Buy Silicon Laboratories At $40, Earn 15.1% Annualized Using Options
September 04, 2015 at 11:43 AM EDT
Investors eyeing a purchase of Silicon Laboratories Inc (SLAB) shares, but cautious about paying the going market price of $43.32/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 $40 strike, which has a bid at the time of this writing of $2.20..