Commit To Buy Applied Optoelectronics At $22.50, Earn 13.7% Annualized Using Options
January 19, 2017 at 13:20 PM EST
Investors considering a purchase of Applied Optoelectronics Inc (AAOI) shares, but cautious about paying the going market price of $30.29/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $22.50 strike, which has a bid at the time of this writing of $1.25..