Commit To Purchase Silicon Graphics International Corp At $7, Earn 10.5% Annualized Using Options
November 07, 2014 at 11:32 AM EST
Investors considering a purchase of Silicon Graphics International Corp (SGI) stock, but cautious about paying the going market price of $9.52/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2015 put at the $7 strike, which has a bid at the time of this writing of 45 cents..