Commit To Purchase Nuvasive At $40, Earn 10.6% Annualized Using Options
March 16, 2015 at 11:35 AM EDT
Investors considering a purchase of Nuvasive Inc (NUVA) shares, but cautious about paying the going market price of $47.02/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $40 strike, which has a bid at the time of this writing of $2.15..