Commit To Buy iRobot Corp At $23, Earn 8.7% Using Options
September 24, 2015 at 11:57 AM EDT
Investors considering a purchase of iRobot Corp (IRBT) stock, but tentative about paying the going market price of $29.04/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 $23 strike, which has a bid at the time of this writing of $2.00..