Commit To Purchase Quantum Corp At $3, Earn 13.8% Annualized Using Options
March 13, 2018 at 12:02 PM EDT
Investors considering a purchase of Quantum Corp (QTM) shares, but cautious about paying the going market price of $4.26/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $3 strike, which has a bid at the time of this writing of 25 cents..