Commit To Purchase Control4 Corp At $5, Earn 16.7% Annualized Using Options
April 29, 2016 at 11:36 AM EDT
Investors eyeing a purchase of Control4 Corp (CTRL) shares, but tentative about paying the going market price of $7.57/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $5 strike, which has a bid at the time of this writing of 40 cents..