Commit To Purchase ICU Medical At $70, Earn 10.3% Annualized Using Options
April 22, 2024 at 12:46 PM EDT
Investors considering a purchase of ICU Medical Inc (ICUI) shares, but tentative about paying the going market price of $95.16/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $70 strike, which has a bid at the time of this writing of $4.10..