Commit To Buy Cardiovascular Systems At $22.50, Earn 9.2% Annualized Using Options
November 10, 2014 at 11:42 AM EST
Investors eyeing a purchase of Cardiovascular Systems, Inc (CSII) shares, but tentative about paying the going market price of $29.61/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2015 put at the $22.50 strike, which has a bid at the time of this writing of $1.25..