Commit To Buy Carbonite At $30, Earn 11.5% Annualized Using Options
July 05, 2018 at 11:49 AM EDT
Investors eyeing a purchase of Carbonite Inc (CARB) shares, but cautious about paying the going market price of $36.45/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $30 strike, which has a bid at the time of this writing of $1.60..