Commit To Buy Five9 At $12.50, Earn 18.6% Annualized Using Options
August 16, 2016 at 11:38 AM EDT
Investors considering a purchase of Five9, Inc (FIVN) shares, but tentative about paying the going market price of $13.58/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $12.50 strike, which has a bid at the time of this writing of $1.00..