Commit To Buy Castlight Health At $2.50, Earn 10.7% Annualized Using Options
July 28, 2016 at 11:50 AM EDT
Investors considering a purchase of Castlight Health Inc (CSLT) stock, but cautious about paying the going market price of $3.86/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2017 put at the $2.50 strike, which has a bid at the time of this writing of 15 cents..