Commit To Buy Control4 Corp At $7.50, Earn 7.1% Annualized Using Options
May 19, 2015 at 11:32 AM EDT
Investors considering a purchase of Control4 Corp (CTRL) shares, but tentative about paying the going market price of $9.35/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $7.50 strike, which has a bid at the time of this writing of 35 cents..