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Commit To Buy Rimini Street At $2.50, Earn 14.7% Annualized Using Options

Investors considering a purchase of Rimini Street Inc (RMNI) shares, but tentative about paying the going market price of $3.01/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $2.50 strike, which has a bid at the time of this writing of 15 cents..
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