Commit To Purchase Jive Software At $3.50, Earn 11.8% Annualized Using Options
June 14, 2016 at 11:46 AM EDT
Investors eyeing a purchase of Jive Software Inc (JIVE) stock, but cautious about paying the going market price of $3.96/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 $3.50 strike, which has a bid at the time of this writing of 25 cents..