October 03, 2013 at 11:24 AM EDT
Commit To Buy Sanmina Corp At $14, Earn 9.9% Annualized
Investors eyeing a purchase of Sanmina Corp (SANM) stock, but tentative about paying the going market price of $17.41/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2014 put at the $14 strike, which has a bid at the time of this writing of 75 cents.
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