Commit To Buy Silicon Graphics International Corp At $6, Earn 19.3% Annualized Using Options
January 27, 2016 at 11:45 AM EST
Investors considering a purchase of Silicon Graphics International Corp (SGI) shares, but tentative about paying the going market price of $7.67/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $6 strike, which has a bid at the time of this writing of 45 cents..