Commit To Buy Silicon Graphics International Corp At $4, Earn 10.9% Annualized Using Options
August 14, 2015 at 11:41 AM EDT
Investors eyeing a purchase of Silicon Graphics International Corp (SGI) shares, but cautious about paying the going market price of $5.28/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $4 strike, which has a bid at the time of this writing of 15 cents..