Commit To Purchase Intuitive Surgical At $360, Earn 7.5% Using Options
November 04, 2014 at 11:34 AM EST
Investors considering a purchase of Intuitive Surgical Inc (ISRG) shares, but tentative about paying the going market price of $491.83/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $360 strike, which has a bid at the time of this writing of $27.00..