Commit To Purchase Casa Systems At $2.50, Earn 9.8% Annualized Using Options
December 18, 2019 at 11:50 AM EST
Investors eyeing a purchase of Casa Systems Inc (CASA) stock, but tentative about paying the going market price of $4.21/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2020 put at the $2.50 strike, which has a bid at the time of this writing of 10 cents..