Commit To Purchase DexCom At $40, Earn 8% Annualized Using Options
December 01, 2014 at 11:37 AM EST
Investors eyeing a purchase of DexCom Inc (DXCM) shares, but tentative about paying the going market price of $51.20/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2015 put at the $40 strike, which has a bid at the time of this writing of $1.75..