Commit To Purchase Rapid7 At $10, Earn 12.6% Annualized Using Options
July 01, 2016 at 12:33 PM EDT
Investors eyeing a purchase of Rapid7 Inc (RPD) stock, but tentative about paying the going market price of $12.65/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2017 put at the $10 strike, which has a bid at the time of this writing of 80 cents..