Commit To Purchase Nevro Corp At $35, Earn 19.6% Annualized Using Options

Investors considering a purchase of Nevro Corp (NVRO) shares, but cautious about paying the going market price of $40.22/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May put at the $35 strike, which has a bid at the time of this writing of $2.40..