Commit To Buy CommVault Systems At $42.50, Earn 11.9% Annualized Using Options
January 14, 2015 at 11:39 AM EST
Investors eyeing a purchase of CommVault Systems Inc (CVLT) stock, but cautious about paying the going market price of $48.11/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $42.50 strike, which has a bid at the time of this writing of $2.55..