Commit To Buy Calix At $6, Earn 13.2% Annualized Using Options
April 18, 2018 at 11:52 AM EDT
Investors eyeing a purchase of Calix Inc (CALX) stock, but cautious about paying the going market price of $6.97/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 $6 strike, which has a bid at the time of this writing of 40 cents..