Sonic Solutions (NASDAQ:SNIC) has soared over the past six months. Is now the time to buy? Savvy investors are checking out this easy options strategy.

The movie-rental business is in the middle of a digital revolution. Internet-enabled TVs will allow direct downloading of movies. And industry leaders are battling to snap up a potentially huge long-term revenue stream. Andrew Snyder says investors should look to the firms like TiVo (NASDAQ:TIVO) and Sonic Solutions (NASDAQ:SNIC), who sell the technology to make this all happen.