Commit To Buy CADIZ At $10, Earn 8.3% Annualized Using Options
April 09, 2018 at 11:52 AM EDT
Investors considering a purchase of CADIZ Inc (CDZI) stock, but tentative about paying the going market price of $13.35/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $10 strike, which has a bid at the time of this writing of 50 cents..