Commit To Purchase Cardiovascular Systems At $25, Earn 9.2% Annualized Using Options
June 08, 2017 at 11:38 AM EDT
Investors considering a purchase of Cardiovascular Systems, Inc (CSII) shares, but cautious about paying the going market price of $31.20/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $25 strike, which has a bid at the time of this writing of $1.20..