Commit To Purchase Barracuda Networks At $12.50, Earn 11.9% Annualized Using Options
May 02, 2016 at 11:34 AM EDT
Investors considering a purchase of Barracuda Networks Inc (CUDA) stock, but tentative about paying the going market price of $17.07/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $12.50 strike, which has a bid at the time of this writing of 70 cents..