Commit To Purchase Cavium At $50, Earn 11% Annualized Using Options
January 23, 2015 at 11:59 AM EST
Investors considering a purchase of Cavium Inc (CAVM) shares, but tentative about paying the going market price of $60.10/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $50 strike, which has a bid at the time of this writing of $3.60..