Commit To Buy ShoreTel At $10, Earn 16.5% Annualized Using Options

Investors eyeing a purchase of ShoreTel Inc (SHOR) stock, but tentative about paying the going market price of $9.97/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2016 put at the $10 strike, which has a bid at the time of this writing of 70 cents..