Commit To Purchase SciQuest At $12.50, Earn 13% Annualized Using Options
December 31, 2014 at 11:45 AM EST
Investors considering a purchase of SciQuest Inc (SQI) shares, but cautious about paying the going market price of $14.67/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2015 put at the $12.50 strike, which has a bid at the time of this writing of 60 cents..