Commit To Purchase Cavium At $55, Earn 10.5% Annualized Using Options
May 11, 2015 at 11:35 AM EDT
Investors eyeing a purchase of Cavium Inc (CAVM) shares, but tentative about paying the going market price of $64.82/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 $55 strike, which has a bid at the time of this writing of $3.50..