Commit To Purchase Clearfield At $12.50, Earn 13.4% Annualized Using Options
July 10, 2014 at 11:40 AM EDT
Investors considering a purchase of Clearfield Inc (CLFD) shares, but cautious about paying the going market price of $15.69/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 $12.50 strike, which has a bid at the time of this writing of 75 cents..