Commit To Buy Extreme Networks At $2.50, Earn 15.3% Annualized Using Options
January 21, 2016 at 12:01 PM EST
Investors eyeing a purchase of Extreme Networks Inc (EXTR) stock, but cautious about paying the going market price of $3.58/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 25 cents..