Commit To Buy Immersion Corp At $7.50, Earn 11.9% Annualized Using Options
January 14, 2019 at 11:55 AM EST
Investors eyeing a purchase of Immersion Corp (IMMR) shares, but cautious about paying the going market price of $9.35/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May put at the $7.50 strike, which has a bid at the time of this writing of 30 cents..