Commit To Purchase Extreme Networks At $5, Earn 13% Using Options
December 28, 2018 at 11:33 AM EST
Investors eyeing a purchase of Extreme Networks Inc (EXTR) stock, but tentative about paying the going market price of $5.69/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 $5 strike, which has a bid at the time of this writing of 65 cents..