Commit To Buy Cardiovascular Systems At $22.50, Earn 13.2% Annualized Using Options
March 09, 2017 at 12:25 PM EST
Investors eyeing a purchase of Cardiovascular Systems, Inc (CSII) shares, but cautious about paying the going market price of $26.64/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 $22.50 strike, which has a bid at the time of this writing of $1.55..