Commit To Purchase Cardiovascular Systems At $22.50, Earn 12.8% Annualized Using Options
August 04, 2014 at 11:29 AM EDT
Investors considering a purchase of Cardiovascular Systems, Inc (CSII) stock, but cautious about paying the going market price of $27.15/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2015 put at the $22.50 strike, which has a bid at the time of this writing of $1.80..