Commit To Purchase Inphi Corp At $17.50, Earn 9.1% Annualized Using Options

Investors considering a purchase of Inphi Corp (IPHI) stock, but tentative about paying the going market price of $21.71/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 $17.50 strike, which has a bid at the time of this writing of 75 cents..