Commit To Buy Cavium At $45, Earn 10.9% Using Options
January 24, 2017 at 11:44 AM EST
Investors considering a purchase of Cavium Inc (CAVM) stock, but cautious about paying the going market price of $64.70/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $45 strike, which has a bid at the time of this writing of $4.90..