Commit To Buy Impinj At $17.50, Earn 22.9% Using Options
June 15, 2018 at 12:00 PM EDT
Investors considering a purchase of Impinj Inc (PI) shares, but tentative about paying the going market price of $22.12/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2020 put at the $17.50 strike, which has a bid at the time of this writing of $4.00..