Commit To Buy Cardiovascular Systems At $20, Earn 15.6% Annualized Using Options
August 11, 2015 at 11:40 AM EDT
Investors eyeing a purchase of Cardiovascular Systems, Inc (CSII) stock, but tentative about paying the going market price of $22.91/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 $20 strike, which has a bid at the time of this writing of $1.10..