Commit To Purchase Ultra Clean Holdings At $7.50, Earn 10.8% Annualized Using Options
November 02, 2016 at 11:39 AM EDT
Investors considering a purchase of Ultra Clean Holdings Inc (UCTT) stock, but tentative about paying the going market price of $8.74/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2017 put at the $7.50 strike, which has a bid at the time of this writing of 50 cents..