Commit To Buy Calamos Asset Management At $7.50, Earn 9.7% Annualized Using Options
April 07, 2016 at 11:59 AM EDT
Investors considering a purchase of Calamos Asset Management Inc (CLMS) shares, but cautious about paying the going market price of $8.51/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $7.50 strike, which has a bid at the time of this writing of 45 cents..