Commit To Buy Surmodics At $20, Earn 8.3% Annualized Using Options
November 02, 2016 at 11:39 AM EDT
Investors eyeing a purchase of Surmodics Inc (SRDX) stock, but cautious about paying the going market price of $25.20/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2017 put at the $20 strike, which has a bid at the time of this writing of 90 cents..