Investors in TiVo Inc (TIVO) saw new options begin trading today, for the January 10th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the TIVO options chain for the new January 10th contracts and identified the following put contract of particular interest.The put contract at the $13.00 strike price has a current bid of 17 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $13.00, but will also collect the premium, putting the cost basis of the shares at $12.83 (before broker commissions). To an investor already interested in purchasing shares of TIVO, that could represent an attractive alternative to paying $13.22/share today.
January 10th Options Now Available For TiVo
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