Commit To Buy Calix At $7.50, Earn 9.3% Annualized Using Options
January 14, 2015 at 11:38 AM EST
Investors considering a purchase of Calix Inc (CALX) shares, but cautious about paying the going market price of $9.56/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 $7.50 strike, which has a bid at the time of this writing of 35 cents..