Commit To Purchase Ultra Clean Holdings At $5, Earn 19.1% Annualized Using Options
March 28, 2016 at 11:37 AM EDT
Investors eyeing a purchase of Ultra Clean Holdings Inc (UCTT) shares, but tentative about paying the going market price of $5.08/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 $5 strike, which has a bid at the time of this writing of 45 cents..