Commit To Purchase Tactile Systems Technology At $60, Earn 16.1% Annualized Using Options
February 06, 2019 at 11:50 AM EST
Investors considering a purchase of Tactile Systems Technology Inc (TCMD) stock, but cautious about paying the going market price of $67.74/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $60 strike, which has a bid at the time of this writing of $4.30..