Commit To Buy Control4 Corp At $5, Earn 12.2% Annualized Using Options
November 18, 2015 at 12:03 PM EST
Investors eyeing a purchase of Control4 Corp (CTRL) stock, but tentative about paying the going market price of $6.54/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2016 put at the $5 strike, which has a bid at the time of this writing of 25 cents..