Commit To Buy DexCom At $30, Earn 11.4% Annualized Using Options
January 23, 2014 at 11:36 AM EST
Investors considering a purchase of DexCom Inc (DXCM) stock, but cautious about paying the going market price of $36.38/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $30 strike, which has a bid at the time of this writing of $2.25..