Commit To Purchase Model N At $16, Earn 9.6% Annualized Using Options
August 08, 2018 at 11:48 AM EDT
Investors considering a purchase of Model N, Inc (MODN) shares, but cautious about paying the going market price of $18.25/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2019 put at the $16 strike, which has a bid at the time of this writing of 80 cents..
