Commit To Purchase Clearfield At $10, Earn 6.5% Annualized Using Options
August 01, 2018 at 11:53 AM EDT
Investors considering a purchase of Clearfield Inc (CLFD) stock, but cautious about paying the going market price of $13.18/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2019 put at the $10 strike, which has a bid at the time of this writing of 40 cents..