Commit To Buy Carbonite At $10, Earn 12% Annualized Using Options
November 20, 2013 at 11:44 AM EST
Investors considering a purchase of Carbonite Inc (CARB) shares, but tentative about paying the going market price of $11.38/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2014 put at the $10 strike, which has a bid at the time of this writing of 70 cents..