Commit To Purchase Calix At $8, Earn 13.7% Annualized Using Options
January 17, 2019 at 11:53 AM EST
Investors eyeing a purchase of Calix Inc (CALX) shares, but cautious about paying the going market price of $9.96/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $8 strike, which has a bid at the time of this writing of 55 cents..