Commit To Purchase Gigamon At $10, Earn 25% Annualized Using Options
October 14, 2014 at 11:29 AM EDT
Investors considering a purchase of Gigamon Inc (GIMO) stock, but tentative about paying the going market price of $10.95/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $10 strike, which has a bid at the time of this writing of 65 cents..