Commit To Buy Constant Contact At $35, Earn 12.9% Annualized Using Options
January 29, 2015 at 11:38 AM EST
Investors considering a purchase of Constant Contact Inc (CTCT) shares, but cautious about paying the going market price of $39.89/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $35 strike, which has a bid at the time of this writing of $1.75..