Commit To Buy Intrexon Corp At $12.50, Earn 15.2% Using Options

Investors eyeing a purchase of Intrexon Corp (XON) shares, but tentative about paying the going market price of $24.83/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $12.50 strike, which has a bid at the time of this writing of $1.90..