Commit To Buy Barracuda Networks At $22.50, Earn 12.7% Annualized Using Options
October 27, 2014 at 11:31 AM EDT
Investors considering a purchase of Barracuda Networks Inc (CUDA) stock, but tentative about paying the going market price of $28.77/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2015 put at the $22.50 strike, which has a bid at the time of this writing of $1.35..