Commit To Buy Acacia Research Corp At $7.50, Earn 10.8% Annualized Using Options
September 14, 2015 at 12:02 PM EDT
Investors eyeing a purchase of Acacia Research Corp (ACTG) stock, but tentative about paying the going market price of $9.12/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2016 put at the $7.50 strike, which has a bid at the time of this writing of 35 cents..