Commit To Purchase Surmodics At $40, Earn 10.2% Annualized Using Options
February 04, 2019 at 11:52 AM EST
Investors considering a purchase of Surmodics Inc (SRDX) stock, but cautious about paying the going market price of $51.51/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $40 strike, which has a bid at the time of this writing of $2.15..