Commit To Purchase Colfax Corp At $22.50, Earn 8.1% Annualized Using Options
July 29, 2016 at 11:47 AM EDT
Investors considering a purchase of Colfax Corp (CFX) shares, but tentative about paying the going market price of $28.89/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2017 put at the $22.50 strike, which has a bid at the time of this writing of $1.15..