Commit To Buy Tactile Systems Technology At $50, Earn 18.4% Annualized Using Options
May 08, 2019 at 11:52 AM EDT
Investors considering a purchase of Tactile Systems Technology Inc (TCMD) stock, but tentative about paying the going market price of $57.58/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $50 strike, which has a bid at the time of this writing of $4.10..