Commit To Purchase Ubiquiti Networks At $65, Earn 10.2% Using Options

Investors considering a purchase of Ubiquiti Networks Inc (UBNT) stock, but cautious about paying the going market price of $91.54/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 $65 strike, which has a bid at the time of this writing of $6.60..