Commit To Purchase Universal Display Corp At $30, Earn 13.7% Using Options
January 27, 2016 at 11:46 AM EST
Investors eyeing a purchase of Universal Display Corp (OLED) shares, but cautious about paying the going market price of $45.32/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $30 strike, which has a bid at the time of this writing of $4.10..