Commit To Buy Control4 Corp At $5, Earn 19.4% Annualized Using Options

Investors eyeing a purchase of Control4 Corp (CTRL) shares, but tentative about paying the going market price of $6.38/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $5 strike, which has a bid at the time of this writing of 45 cents..