Commit To Buy Ceva At $17.50, Earn 11.3% Annualized Using Options
May 19, 2015 at 11:32 AM EDT
Investors eyeing a purchase of Ceva Inc (CEVA) shares, but cautious about paying the going market price of $19.91/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $17.50 strike, which has a bid at the time of this writing of $1.15..