Commit To Purchase Rovi Corp At $15, Earn 14.7% Annualized Using Options
July 28, 2016 at 11:47 AM EDT
Investors considering a purchase of Rovi Corp (ROVI) shares, but tentative about paying the going market price of $18.28/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 $15 strike, which has a bid at the time of this writing of 85 cents..