Commit To Buy Tactile Systems Technology At $45, Earn 10.1% Annualized Using Options
July 05, 2018 at 11:53 AM EDT
Investors eyeing a purchase of Tactile Systems Technology Inc (TCMD) stock, but tentative about paying the going market price of $55.11/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $45 strike, which has a bid at the time of this writing of $2.45..
