Commit To Buy Inogen At $30, Earn 11.7% Annualized Using Options
April 23, 2015 at 11:51 AM EDT
Investors considering a purchase of Inogen, Inc (INGN) stock, but tentative about paying the going market price of $36.45/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $30 strike, which has a bid at the time of this writing of $2.30..