Commit To Buy Cardiovascular Systems At $35, Earn 10.6% Annualized Using Options
October 10, 2019 at 13:44 PM EDT
Investors eyeing a purchase of Cardiovascular Systems, Inc (CSII) shares, but cautious about paying the going market price of $45.21/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2020 put at the $35 strike, which has a bid at the time of this writing of $1.65..