Commit To Purchase CommVault Systems At $37.50, Earn 9.2% Annualized Using Options
October 13, 2014 at 11:29 AM EDT
Investors considering a purchase of CommVault Systems Inc (CVLT) shares, but cautious about paying the going market price of $45.67/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2015 put at the $37.50 strike, which has a bid at the time of this writing of $1.75..