Commit To Buy VMware At $45, Earn 5.9% Annualized Using Options
May 18, 2016 at 11:46 AM EDT
Investors considering a purchase of VMware Inc (VMW) shares, but tentative about paying the going market price of $59.41/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $45 strike, which has a bid at the time of this writing of $1.80..