Commit To Purchase Ultra Clean Holdings At $7.50, Earn 8% Using Options
September 19, 2018 at 11:59 AM EDT
Investors considering a purchase of Ultra Clean Holdings Inc (UCTT) shares, but tentative about paying the going market price of $13.57/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2020 put at the $7.50 strike, which has a bid at the time of this writing of 60 cents..