Commit To Purchase Control4 Corp At $7.50, Earn 21.4% Annualized Using Options
August 20, 2015 at 11:36 AM EDT
Investors considering a purchase of Control4 Corp (CTRL) shares, but cautious about paying the going market price of $7.92/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 65 cents..