Agree To Buy Intuitive Surgical At $340, Earn 5.2% Using Options
November 03, 2015 at 11:29 AM EST
Investors considering a purchase of Intuitive Surgical Inc (ISRG) stock, but tentative about paying the going market price of $504.52/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $340 strike, which has a bid at the time of this writing of $17.60..